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[2007-06-17] Communique-Resolution on special bonus issue Notice is hereby given that at the Special Meeting of SUN RESORTS LIMITED held on Friday 15 June 2007, the Shareholders have considered and approved the following resolution:
"THAT a sum of ONE HUNDRED AND EIGHTY EIGHT MILLION TWO HUNDRED AND TWENTY SEVEN THOUSAND SEVEN HUNDRED AND EIGHTY RUPEES (Rs188,227,780), representing Revaluation Reserves, be capitalized and that such sum capitalized be appropriated as a Special Bonus Issue to all shareholders registered at the close of business on 4 July 2007 and to apply such sum in paying up in full EIGHTEEN MILLION EIGHT HUNDRED AND TWENTY TWO THOUSAND SEVEN HUNDRED AND SEVENTY EIGHT (18,822,778) ordinary shares to be allotted amongst shareholders in the proportion of one (1) ordinary share for every four (4) held on the above date. Such shares are to be issued on the same terms and shall rank pari passu with the existing ordinary shares of the company"
The established calendar for the Bonus Issue is as follows:
First Cum-bonus trading session: Monday 18 June 2007
Last Cum-bonus trading session: Friday 29 June 2007
Ex-Bonus trading session: Monday 2 July 2007
Close of books: Wednesday 4 July 2007
First day for trading of bonus shares: Monday 6 August 2007
Shareholders who have not yet deposited their shares in the Central Depository & Settlement Co Ltd (CDS) and who wish to trade in bonus shares on Monday 6 August 2007, are advised to deposit their share certificates with the CDS by 27 June 2007 at latest.
By Order of the Board
Simon Pierre Rey Secretary Port Louis, Mauritius 15 June 2007
The Board of Directors of Sun Resorts Limited accepts full responsibility for the accuracy of this communique issued pursuant to L.R. 11.3.
Source: © 2003 Associated Brokers Ltd.
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