WCT bonus issue

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Risk: Time factor

WCT - Bonus Issue

Announcement Type: Entitlements (Notice of Book Closure)
Company NameWCT BERHAD  
Stock NameWCT  
Date Announced23 Nov 2012  
CategoryEntitlements (Notice of Book Closure)
Reference NoOI-121123-42941

EX-date06/12/2012
Entitlement date10/12/2012
Entitlement time05:00:00 PM 
Entitlement subjectBonus Issue
Entitlement descriptionBonus issue of up to 180,255,280 new ordinary shares of RM0.50 each in WCT Berhad ("WCT Share(s)") ("Bonus Share(s)") to be credited as fully paid-up on the basis of three (3) Bonus Shares for every twenty (20) existing WCT Shares ("Bonus Issue of Shares")
Period of interest paymentto
Financial Year End
Share transfer book & register of members will beto closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noSymphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor, Malaysia
Telephone: 603 – 7841 8000
Fax: 603 – 7841 8008
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers10/12/2012 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio3 : 20
Rights Issues/Offer Price

Remarks :
The final number of Bonus Shares to be issued pursuant to the Bonus Issue of Shares would depend on the issued and paid-up share capital of WCT Berhad on 10 December 2012.

The Bonus Shares will be credited into the entitled shareholders' central depository system account and a notice of allotment will be issued and despatched to the entitled shareholders at the address as per the Record of Depositors prior to the listing and quotation of the Bonus Shares. Entitled shareholders are not required to take any action.

The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad concurrently with the new warrants to be issued pursuant to the Bonus Issue of Warrants by WCT Berhad.

This announcement is dated 23 November 2012.