Tan Chong Motor Holdings

News

Special Dividend

BackApr 05, 2000
EX-date 27/04/2000
Entitlement date 04/05/2000
Entitlement time 05:00:00 PM
Entitlement subject Special Dividend
Entitlement description: Proceeds from the sale of the remaining 40,926,000 ordinary shares of RM1.00 each in APM Automotive Holdings Berhad ("APM") and 11,397,000 ordinary shares of RM1.00 each in Warisan TC Holdings Berhad ("WTCH") to Bumiputera investors approved by the Ministry of International Trade and Industry pursuant to the Proposed Autoparts Scheme and Proposed Non-Motor Scheme ("Proposed Schemes") of the Company more particularly set out in the circular to the shareholders dated 29 September 1999 and the resolutions of the shareholders of the Company passed at an extraordinary general meeting of the Company held on 14 October 1999.
Period of interest payment to
For year ending/Period ending/ended
Share transfer book & register of members will be closed from
(both dates inclusive) for the purpose of determining the entitlements
05/05/2000 to 05/05/2000
Registrar's name ,address, telephone no: M&C Services Sdn. Bhd.
11th Floor, Wisma Damansara, Jalan Semantan, 50490 Kuala Lumpur, 03-2557188
Payment date 19/05/2000
a) Securities transferred into the Depositor's Securities Account before 12:30 pm in respect of ordinary transfers 04/05/2000 
b) Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 02/05/2000 
c) Securities bought on KLSE on a cum entitlement basis according to the Rules of the KLSE
Number of new shares/securities issued (units) (If applicable)  
Entitlement indicator Percentage
Entitlement in percentage (%) 27.368

Remarks :
A shareholder entitled to the special net cash dividend will receive on a pro-rata basis RM136.84 for every 1,000 ordinary shares of RM0.50 each held in the Company as at the entitlement date.

With the payment of the above special net cash dividend, the Company has distributed fully the cash proceeds from the disposals of the ordinary shares of RM1.00 each in APM and WTCH pursuant to the Proposed Schemes amounting to RM236,544,000 or an equivalent of RM352.00 for every 1,000 ordinary shares of RM0.50 each held in the Company.

 


Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD  
Stock Name T CHONG    
Date Announced 5 Apr 2000  
Category Entitlements (Notice of Book Closure)
Reference No MM-000404-35498