I am verify Lelong Seller since pass few years !!, NO joke
i am selling 100 lot of RHB-WB (1309x) share which have been suspended by Bursa . I am willing to sell out at the price of RM 1500 for 100,000 unit (100 lot) of this share urgently because in debt
You can convert to RHB mother share after getting this share.
We can arrange for meet in ASEAMBANKER in BANgsar there to witness the share transfering procedure
expired date for this warrant is August 2009
RASHID HUSSAIN BHD-WARRANTS
RHB-WB (1309X) ^^ PLEase search this share in these website
http://www.malaysiaplc.com/prices.pl?actio...&type=10&view=1
Please provide your CDS number for share transfering .I will do the transferring from my CDS to your CDS after bank in confirmed . The share value Rm 5000 in market ..last time use to RM10000
Please enquiry me me for any question.
Cygnus81@hotmail.com
To: The Holders of the RHB Warrants of Rashid Hussain Berhad
Dear Sir/Madam,
NOTICE TO HOLDERS OF RHB WARRANTS IN RELATION TO THE EXPIRY AND LAST DATE FOR EXERCISE OF THE RHB WARRANTS
NOTICE IS HEREBY GIVEN THAT pursuant to the conditions stipulated in the Deed Poll dated 23 June 1999 governing the terms and conditions of the RHB Warrants 1999/2002 ("Deed Poll"), the subscription rights of the RHB Warrants 1999/2002 will expire at 5.00 p.m. on Sunday, 24 March 2002. Since Sunday, 24 March 2002 is not a Market Day, the Deed Poll further provides that if the expiry date is not a Market Day, then the exercise period shall expire at 5.00 p.m. on the Market Day immediately preceding the expiry date, which is 22 March 2002.
A "Market Day" means a day on which the Kuala Lumpur Stock Exchange ("KLSE") is open for trading in securities.
As such, holders of the RHB Warrants 1999/2002 intending to exercise their RHB Warrants 1999/2002 are advised to submit the documents referred to in section 4.1 below to the Share Registrar of RHB not later than 5.00 p.m. on Friday, 22 March 2002 ("Expiry Date").
RHB Warrants not exercised by 5.00 p.m. on the Expiry Date will lapse and become null and void and cease to be exercisable thereafter.
Arab-Malaysian Merchant Bank Berhad on behalf of RHB had on 21 December 2001 announced, inter alia, RHB's proposal to extend the duration and exercise period of the outstanding RHB Warrants for an additional period of approximately seven (7) years from 24 March 2002 to expire on 16 August 2009 ("Proposed Extension of RHB Warrants 1999/2002").
The Proposed Extension of RHB Warrants 1999/2002 is conditional upon the approvals of the following:-
i. the Securities Commission ("SC") which application has been submitted to the SC on 10 January 2002;
ii. at least three-fourths of the shareholders of RHB present and voting, vote in favour at an Extraordinary General Meeting ("EGM") which is scheduled to be held on 20 March 2002; and
iii. at least three-fourths of the holders of the RHB Warrants 1999/2002 present and voting, vote in favour at a meeting of holders of RHB Warrants 1999/2002 which is scheduled to be held on 20 March 2002 or immediately after the conclusion, adjournment or postponement (as the case may be) of the EGM, whichever is the later.
Todate, except for the approval of the SC which was obtained via letter dated 14 February 2002, the rest of the above approvals are still pending. In the event that any of the requisite approval is not obtained, the Proposed Extension of RHB Warrants 1999/2002 shall be deemed not to have taken place and the RHB Warrants 1999/2002 not exercised by 5.00 p.m. on the Expiry Date will lapse and become null and void and cease to be exercisable thereafter.
RHB will be making an announcement after the conclusion of the EGM and meeting of holders of RHB Warrants 1999/2002 on the results of the resolutions passed thereat. In the event RHB obtains all the requisite approvals in respect of the Proposed Extension of RHB Warrants 1999/2002, the Expiry Date of the RHB Warrants 1999/2002 will thereby be extended to 16 August 2009 and the Notice of Expiry and Last Date for Exercise of the RHB Warrants 1999/2002 will no longer be valid.
Pursuant to Condition 2.1 of the Second Schedule of the Deed Poll and Paragraph 8.29 of the Listing Requirements of the KLSE, RHB is to notify the holders of the RHB Warrants 1999/2002 at least one (1) month prior to the last date of the exercise period which is 22 March 2002.
Holders of the RHB Warrants 1999/2002 are therefore advised to read carefully the procedures set out below:-
1. SUSPENSION OF TRADING AND LAST DAY FOR TRADING
To facilitate an orderly exercise of the subscription rights of the RHB Warrants 1999/2002, trading of the RHB Warrants 1999/2002 on the KLSE will be suspended with effect from 9.00 a.m. on Wednesday, 6 March 2002 until the conditions to the Proposed Extension of RHB Warrants 1999/2002 are met. Hence, the last day for trading of the RHB Warrants 1999/2002 shall be until 5.00 p.m. on Tuesday, 5 March 2002.
2. EXERCISE PRICE
The Exercise Price of the RHB Warrants 1999/2002 is RM4.35 for each new ordinary share of RM1.00 each in RHB. Accordingly, if you subscribe for 1,000 new ordinary shares, the Exercise Price shall be RM4,350.00.
3. PAYMENT OF EXERCISE PRICE
The Exercise Price for the new ordinary shares of RM4.35 each in RHB is to be made payable in Ringgit Malaysia by banker's draft or cashier's order drawn on a bank in Malaysia or money/postal order issued by a post office in Malaysia and to be made out in favour of "RHB 1999/2002 Warrants Exercise Account" crossed "A/C Payee Only" and endorsed on the reverse side with the name and address of the holder of the RHB Warrants 1999/2002.
4. EXERCISE OF SUBscriptION RIGHTS
4.1 If you are a holder of the RHB Warrants 1999/2002 and wish to exercise your subscription rights, you should:-
4.1.1 Complete the Exercise Form which can be obtained from the Share Registrar RHB, Malaysian Share Registration Services Sdn Bhd, 7th Floor, Exchange Square, Bukit Kewangan, 50200 Kuala Lumpur, Malaysia (Tel : 603-20268099; Fax : 603-20263736; URL : www.msrssb.com); and
4.1.2 Deliver to the Share Registrar of RHB the following documents not later than 5.00 p.m. on Friday, 22 March 2002:-
4.1.2.1 the Exercise Form duly completed by you; and
4.1.2.2 remittance for the full Exercise Price.
4.2 In respect of the new ordinary shares of RM1.00 each in RHB to be issued to holders of the RHB Warrants 1999/2002 pursuant to the exercise of the RHB Warrants 1999/2002:-
4.2.1 such new ordinary shares shall be credited into the Central Depository System ("CDS") Account specified by the holders of the RHB Warrants 1999/2002 and no physical share certificates shall be issued; and
4.2.2 the Company shall allot and issue the new ordinary shares of RM1.00 each in RHB and despatch the notices of allotment to the holders of the RHB Warrants 1999/2002 and make an application to the KLSE for quotation of the new ordinary shares of RM1.00 each in RHB within ten (10) market days of the receipt of a duly completed Exercise Form together with the requisite payment or such other period as may be prescribed by the KLSE.
5. FURTHER NOTICE IS HEREBY GIVEN THAT
5.1 Malaysian Central Depository Sdn Bhd ("MCD") will not be accepting any request for the ordinary transfer of RHB Warrants 1999/2002 for the period commencing 12.30 p.m. on 14 March 2002 up to 22 March 2002.
5.2 A depositor shall qualify for entitlement to subscribe for new ordinary shares of RM1.00 each in RHB in respect of the following:-
5.2.1 RHB Warrants 1999/2002 transferred into the Depositor's Securities Account before 12.30 p.m. on 14 March 2002 in respect of ordinary transfer; and
5.2.2 RHB Warrants 1999/2002 bought on the KLSE on or before Tuesday, 5 March 2002 being the last day of trading of the RHB Warrants 1999/2002.
5.3 All unexercised RHB Warrants 1999/2002 remaining in a Depositor's Securities Account as at 22 March 2002 will be debited from the respective Depositor's Securities Account on 25 March 2002.
6. CONTACT DETAILS FOR ENQUIRIES
All enquiries concerning the above should be addressed to the Company Secretary of RHB at:-
Rashid Hussain Berhad
Level 9, Tower One
RHB Centre, Jalan Tun Razak
50400 Kuala Lumpur
Malaysia
Tel No. : 603-92852233
Fax No. : 603-92847189
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Apr 26 2008, 11:17 AM, updated 18y ago
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