RightIssue

[ALLIANZ] Rights Issue on 23-Aug-2002

Announcement Date: 08-Aug-2002
Related Stock:
ALLIANZ
ALLIANZ MALAYSIA BHD
Share Registrar:
ALLIANZ
ALLIANZ MALAYSIA BHD
Amount

9 : 5

  • Ex Date
    23-Aug-2002
  • Entitlement Date
    27-Aug-2002
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 98,964,560 NEW ORDINARY SHARES OF RM1.00 EACH IN ALLIANZ GENERAL INSURANCE MALAYSIA BERHAD ("ALLIANZ GENERAL") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM1.00 PER ALLIANZ GENERAL SHARE ON THE BASIS OF NINE (9) RIGHTS SHARE FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM1.00 EACH IN ALLIANZ GENERAL

About ALLIANZ MALAYSIA BHD
Allianz Malaysia Bhd is a diversified insurance company that provides life and general insurance in Malaysia. The vast majority of the company?s revenue is generated through insurance premiums, with the remainder stemming from investment income as well as fee and commission income. The company?s general insurance includes automotive, home, and personal insurance. Allianz Malaysia?s business insurance includes fire, engineering, and liability insurance. The company also offers life insurance through a variety of its products.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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