[LOTUS]: LOTUS KFM BERHAD

27-Oct-2011

28-Oct-2011

Yes

Rights Issue

Renounceable rights issue of up to 24,779,150 new ordinary shares of RM0.50 each in KFM (“Rights Shares”) at an issue price of RM0.51 per Rights Share payable in full upon acceptance on the basis of one (1) Rights Share for every two (2) existing ordinary shares of RM0.50 each held in KFM at 5.00 p.m. on 22 September 2011, together with up to 37,168,725 new free detachable warrants (“Warrants”) on the basis of three (3) Warrants for every two (2) Rights Shares subscribed (“Rights Issue”)

15,588,284

MYR 0.510

MYR 0.500

65,146,584