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DPS RESOURCES BERHAD (“DPS” OR THE “COMPANY”) RENOUNCEABLE RIGHTS ISSUE OF UP TO 151,800,000 NEW ORDINARY SHARES OF RM0.50 EACH IN DPS (“RIGHTS SHARE(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.50 EACH HELD IN DPS (“DPS SHARE(S)” OR “SHARE(S)”) TOGETHER WITH UP TO 75,900,000 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED (“RIGHTS ISSUE”)

DPS RESOURCES BERHAD

TypeAnnouncement
SubjectDPS RESOURCES BERHAD (“DPS” OR THE “COMPANY”)

RENOUNCEABLE RIGHTS ISSUE OF UP TO 151,800,000 NEW ORDINARY SHARES OF RM0.50 EACH IN DPS (“RIGHTS SHARE(S)”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.50 EACH HELD IN DPS (“DPS SHARE(S)” OR “SHARE(S)”) TOGETHER WITH UP TO 75,900,000 FREE DETACHABLE WARRANTS (“WARRANT(S)”) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED (“RIGHTS ISSUE”)
ContentsWe refer to the announcements dated 8 June 2007, 5 July 2007, 11 July 2007, 30 August 2007, 14 November 2007 and 15 November 2007 in respect of the Right Issue.

On behalf of the Board of Directors of DPS , OSK Investment Bank Berhad (formerly known as OSK Securities Berhad) is pleased to announce that the Securities Commission (“SC”) had vide its letter dated 10 December 2007 (which was received on 11 December 2007) approved the Company’s application for an extension of time for a further one (1) month to implement the Rights Issue. Following the SC’s approval, the Company will be given until 9 February 2008 to complete the Rights Issue.

This announcement is dated 11 December 2007.


Announcement Info

Company NameDPS RESOURCES BERHAD  
Stock Name DPS    
Date Announced11 Dec 2007  
CategoryGeneral Announcement
Reference NoOI-071211-44127


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