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We refer to the announcements dated 27 April 2007, 30 April 2007, 27 September 2007, 25 October 2007, 21 November 2007, 2 May 2008, 15 September 2008 and 5 December 2008 (“Announcements”) in relation to the above. All abbreviations used herein shall have the same meaning as those used in the Announcements unless stated otherwise.
On behalf of Talam, RHB Investment Bank Berhad wish to announce that the office copy of the order of the High Court of Malaya confirming the Share Premium Account Reduction and Capital Reduction has been lodged with the Companies Commission of Malaysia today. Accordingly, pursuant to Section 64(6) of the Companies Act, 1965, the Share Premium Account Reduction and Capital Reduction take effect today, 23 January 2009.
Shareholders of Talam should note that the Capital Reduction does not affect the number of ordinary shares or rights attaching to the ordinary shares held by them. All ordinary shares of Talam standing to the credit of the securities account of Talam shareholders shall be unaffected, except for the reduction in par value of each Talam share from RM1.00 to RM0.60. The market price of the shares will also not be adjusted as a result of the Capital Reduction.
This announcement is dated 23 January 2009. |
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