9652    SAAG    SAAG CONSOLIDATED (M) BHD 
EXCHANGEABLE BONDS 

SAAG CONSOLIDATED (M) BHD (SAAG OR THE COMPANY)

8th tranche of bond converted to shares. 

112 mill shares gonna to be issued.
ISSUANCE BY SAAG (L) LIMITED (SAAGL), A WHOLLY-OWNED SUBSIDIARY OF SAAG, OF
UNITED STATES DOLLAR (USD) DENOMINATED FIVE (5)-YEAR EXCHANGEABLE BONDS
(EXCHANGEABLE BONDS)
We refer to the announcements made on 5 January 2010 and 29 May 2009 in respect
of the Exchangeable Bonds.
(Unless otherwise defined, all terms used in this announcement shall have the
same meaning ascribed to them respectively in the earlier announcements on the
Exchangeable Bonds)
Further to the Companys earlier announcements in respect of the Exchangeable
Bonds, AmInvestment Bank Berhad (a member of AmInvestment Bank Group), on
behalf of SAAG, wishes to announce that the eighth tranche of the Exchangeable
Bonds to be issued by SAAGL shall comprise of USD5.0 million nominal value
Exchangeable Bonds (8th Tranche).
SAAG / SAAGL have today fixed the exchange price for the 8th Tranche at
RM0.1608. Based on such exchange price and the agreed fixed exchange rate for
the 8th Tranche of USD1.00 : RM3.60, the number of ordinary shares of RM0.10
each in SAAG (SAAG Shares) into which the Exchangeable Bonds to be issued under
the 8th Tranche may be converted is approximately 111,941,000 SAAG Shares.
The exchange price for the 8th Tranche of RM0.1608 represents a premium of 0.5%
over the last transacted market price of SAAG Shares on 5 February 2010 of
RM0.16, being the market day immediately preceding the date of this
price-fixing announcement.
This announcement is dated 8 February 2010.


08/02/2010  06:17 PM 
Ref Code: 20100208GA00230

let the company go bankrupt, everyone crying. the stock mampus kaw kaw...... not need to think so much. All die ... stock reach the new low at 0.05 cent, ha ha ha ...

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Added on March 9, 2010, 8:36 amhttp://biz.thestar.com.my/news/story.asp?file=/2010/3/9/business/5819837&sec=business

Have they quoted or stated the rights price yet??....nothing I had found so far.