Wednesday, August 24, 2011

SwingMedia - NOTICE OF BOOK CLOSURE DATE FOR WARRANT ADJUSTMENT, SHARE CONSOLIDATION

Company: SWING MEDIA TECHNOLOGY GRP LTD
Stock Name: SwingMedia
Amount/Ratio: 0 : 0
Announcement Date: 24/08/2011
Ex Date: 14/09/2011

Detail:

NOTICE OF BOOK CLOSURE DATE FOR WARRANT ADJUSTMENT, SHARE CONSOLIDATION *
* Asterisks denote mandatory information
Name of Announcer * SWING MEDIA TECHNOLOGY GRP LTD  
Company Registration No. 30254  
Announcement submitted on behalf of SWING MEDIA TECHNOLOGY GRP LTD  
Announcement is submitted with respect to * SWING MEDIA TECHNOLOGY GRP LTD  
Announcement is submitted by * Johnny Chan Hon Chung  
Designation * Director / Company Secretary  
Date & Time of Broadcast 24-Aug-2011 17:14:23  
Announcement No. 00046  
>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...
Corporate Action details(e.g. Rights ratio, dividend ratio, tax rate, etc) * For purpose of determining (i) the entitlements of Shareholders under the Proposed Share Consolidation; and (ii) the entitlements of Warrantholders pursuant to the Warrants Adjustment, whereby on the Books Closure Date, every five (5) existing ordinary shares of par value US$0.025 each (“Shares”) in the capital of the Company held by Shareholders as at the Books Closure Date will be consolidated into one (1) ordinary share of par value US$0.125 each (“Consolidated Shares”); and every five (5) unexercised Warrants will be consolidated into one (1) adjusted warrant ("Adjusted Warrant")  
Record Date * 16-09-2011  
Record Time * 17:00  
Date Paid/Payable (if applicable)  
Footnotes
Please refer to attachment.  
Attachments
Total size = 47K
(2048K size limit recommended)