Announcement
October 23, 2009 |
Updated : 23/10/2009 |
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1:10 Rights Issue of Warrants
(IJM-WC) |
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Further to our
announcement dated 1 October 2009, we are pleased to announce that as at
the close of acceptance and payment for the Rights Issue of Warrants at
5.00 p.m. on 16 October 2009, the Rights Issue of Warrants has been
oversubscribed by 186,424,124 warrants or approximately 141% over the
total number of warrants available for subscription.
The details of total
acceptances by our entitled shareholders and/or their renouncee(s) and
the excess applications received for the Rights Issue of Warrants are
set out in the table below.
Our Board of Directors has determined the basis of allotment for the
application of the excess warrants as follows :-
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(i) |
to
minimise the incidence of odd lots; and |
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(ii) |
for
allocation to entitled shareholders and/or their renouncee(s) who have
applied for excess warrants on a pro-rata basis, after taking into
consideration the quantum of their respective excess warrants
application and the quantum of warrants provisionally allotted. |
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No. of IJM-WC
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Acceptances |
129,582,002 |
98.10 |
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Excess applications |
188,939,503 |
143.03 |
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Total applications
received |
318,521,505 |
241.13 |
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Total number available
for subscription |
132,097,381 |
100.00 |
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Over-subscription |
186,424,124 |
141.13 |
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