IRCB Rights Shares

I would like to inform you that IRCB is given rights shares called IRCB-OR.


Below is the rights shares info:

Offer price: RM 0.20

Rights trading: 29/11/2010-03/12/2010

Listing date for your new balance of mother shares + new listing of your warrant: 24/12/2010

(Your warrant new counter code can be viewed on the listing date at www.osk188.com)


Closing date for subscription rights shares: 14/12/2010



You have 2 options to choose as below:


Option 1: Sell your IRCB-OR (counter code: 2127OR) before 03/12/2010

Which means last date is 03/12/2010

OR

Option 2: Convert your IRCB-OR into mother shares.

Last date of subscription: before 14/12/2010

Action to be taken: Please fill up and sign the form which registrar going to post you the acceptance form after 3/12/2010 for those who choose Option 2 for converting your IRCB-OR TO IRCB.

Below is the calculation of your subscriptions:

Your IRCB-OR=entitlement units

Your payment should be made if you subscribe: your entitlement units x RM 0.20 = payment you need to pay

Your FREE warrants entitlement if you subscribe: 2/3 x your entitlement units
=Your FREE warrants

(Free warrants only given if you subscribe the rights shares not sell the rights shares during the rights trading)