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BURSA ANNOUNCEMENTS

SMPC - NOTICE OF RIGHTS ENTITLEMENT

LISTING'S CIRCULAR NO. L/Q : 64312 OF 2012

1) RENOUNCEABLE RIGHTS ISSUE OF UP TO 19,393,488 NEW ORDINARY SHARES OF RM1.00 EACH IN SMPC CORPORATION BHD. (“SMPC”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 9,696,744 FREE WARRANTS AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ON THE BASIS OF SIX (6) RIGHTS SHARES TOGETHER WITH THREE (3) FREE WARRANTS FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD AT 5.00 P.M. ON 16 APRIL 2012, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF 10,000,000 RIGHTS SHARES TOGETHER WITH 5,000,000 FREE WARRANTS (“RIGHTS ISSUE OF SHARES WITH WARRANTS”).

    2) RENOUNCEABLE RIGHTS ISSUE OF UP TO RM19,393,488 NOMINAL VALUE OF ZERO COUPON, 10-YEAR, IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (“ICULS”) (“RIGHTS ICULS”) AT 100% OF THE NOMINAL VALUE OF RM0.10 EACH TOGETHER WITH UP TO 9,696,744 FREE WARRANTS ON THE BASIS OF RM6.00 NOMINAL VALUE OF RIGHTS ICULS TOGETHER WITH THREE (3) FREE WARRANTS FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD AT 5.00 P.M. ON 16 APRIL 2012, BASED ON A MINIMUM SUBSCRIPTION LEVEL OF RM2,000,000 NOMINAL VALUE OF RIGHTS ICULS TOGETHER WITH 1,000,000 FREE WARRANTS (“RIGHTS ISSUE OF ICULS WITH WARRANTS”).

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - All" ]
    as from : [ 12 April 2012 ]

    2) The last date of lodgement : [ 16 April 2012 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 6/7 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 20% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 6/7 ] of the Transacted Price is applicable.

    ANNOUNCEMENT INFO

    Reference No RN-120404-28675
    Company Name: SMPC CORPORATION BHD
    Stock Name: SMPC
    Date Announces: 4 Apr 2012
    Category: Listing Circular
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