Fwd: ECOWISE PROPOSED CASH DIVIDEND AND RIGHTS CUM WARRANTS ISSUE
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Speculatist
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Jul 25, 2007, 2:06:49 AM7/25/07
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Fowarded FYI please
Dear Friends,
The Board of Directors of ecoWise Holdings Limited have proposed; special interim tax exempt cash dividend for the financial year
ending 31 October 2007 of 3.0 cents net per ordinary share renounceable non-underwritten rights issue of up to 249,975,000 at an issue price of S$0.01 for each Rights Share, with up to 83,325,000
free detachable warrant on the basis of:- three Rights Shares for every one Share held by Entitled Shareholders one Warrant for every three Rights Shares subscribed and the availability of option to elect to utilise the Cash Dividend
to subscribe for the Rights Shares Attached is the announcement on the proposed cash dividend and rights cum warrants issue for your reference and retention.
Please do not hesitate to contact us should you have any further query.
Thank you.
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