GENTING INTERNATIONAL P.L.C.
(Incorporated in the Isle of Man No: 24706)
HEAD OFFICE: Suite 1503, Ocean Centre 5 Canton Road, Tsimshatsui Kowloon, Hong Kong S.A.R. Tel: (852) 23177133 Fax: (852) 23148724
REGISTERED OFFICE: International House, Castle Hill, Victoria Road, Douglas, Isle of Man, BRITISH ISLES IM2 4RB Tel: (624) 630600 Fax: (624) 624469 Telex: 628331 CAINCO G
SUBSIDIARY COMPANIES: Australia Genting International Properties Limited 8th Floor, Sussex Centre 401 Sussex Street Sydney, NSW 2000 Tel : (612) 92811433 Fax : (612) 92811430
Malaysia C/O Genting Management and Consultancy Services Sdn Bhd 24th Floor, Wisma Genting Jalan Sultan lsmail 50250 Kuala Lumpur Tel : (603) 21782288, 20322288 Fax : (603) 21785304 Tlx : GHHB MA 30022
Singapore Genting International (S) Pte Ltd 268 Orchard Road, #08-02/04 Singapore 238856 Tel : (65) 7342735, 7342843 Fax : (65) 7377260
DIRECTORS: Malaysian: Tan Sri Lim Kok Thay Justin Tan Wah Joo Quah Chek Tin (alternate to Tan Sri Lim Kok Thay) Ong Moh Pheng (alternate to Justin Tan Wah Joo)
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF SHARES
The Board of Directors of Genting International Plc (the “Company”) wishes to announce that the Company is proposing a renounceable rights issue (“Rights Issue”) of 2,365,745,405 new shares (“Rights Shares”) at an issue price of US$0.13 for each Rights Share, on the basis of five (5) Rights Shares for every three (3) existing shares of par value US$0.10 each, held in the capital of the Company as at a books closure date (the “Books Closure Date”) to be determined.
The Rights Issue
The Rights Issue is proposed to be offered on a renounceable basis to Shareholders whose registered addresses with the Company or The Central Depository Pte Ltd (“CDP”), as the case may be, are in Singapore, Malaysia, Luxembourg and the Isle of Man (“Entitled Shareholders”). Fractional entitlements to any Rights Shares will be disregarded and will be aggregated and allocated to satisfy excess applications (if any) or disposed of in such manner as the Directors may in their absolute discretion deem fit.
Entitled Shareholders will be at liberty to accept, decline or renounce their provisional allotments of the Rights Shares and will be eligible to apply for Rights Shares in excess of their provisional allotments under the Rights Issue.
After taking into account the distribution of addresses of shareholders of the Company in different jurisdictions and the potential costs associated with the offering of the Rights Shares in various jurisdictions (including legal costs and costs for processing applications), the Company will not offer the Rights Shares to shareholders with registered addresses outside Singapore, Malaysia, Luxembourg and the Isle of Man as