MAGNA PACIFIC (HOLDINGS) LIMITED
Rights Issue Prospectus
Document date: Thu 20 Apr 2000 Released time: Thu 20 Apr 2000 09:11:01
Document No: 134202 Document part: A
Market Flag: Y
Classification: Non-Renounceable Issue, Prospectus
MAGNA PACIFIC (HOLDINGS) LIMITED 2000-04-20 ASX-SIGNAL-G
HOMEX - Brisbane
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RIGHTS ISSUE PROSPECTUS
for
A 9 for 10 non-renounceable pro rata offer of Options at an issue
price of 5 cents each to raise $2,266,793.20
This offer closes at 5.00pm Brisbane time on 25 May 2000 valid
applications must be received before that time.
MORE TO FOLLOW
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Rights Issue Prospectus
Document date: Thu 20 Apr 2000 Released time: Thu 20 Apr 2000 09:18:42
Document No: 134202 Document part: B
Market Flag: Y
Classification: Non-Renounceable Issue, Prospectus
MAGNA PACIFIC (HOLDINGS) LIMITED 2000-04-20 ASX-SIGNAL-G
HOMEX - Brisbane
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LETTER FROM THE CHAIRMAN
The Directors have pleasure in presenting to you this Prospectus
which relates to a non-renounceable pro rata rights issue of Options
in Magna Pacific (Holdings) Limited ("MPH") to Shareholders on the
basis of nine Options for every ten shares held at 5:00pm (Brisbane
Time) on the 4th May, 2000, at an issue price of 5 cents per Option.
The offer is for not less than 45,335,864 Options depending on other
Options being paid up at this date. At 5 cents per Option the issue
is expected to raise up to $2,266,793.20 before expenses. The Options
will be exercisable at 70 cents each on or before 30th May 2003. The
time for determining entitlements to participate in the option issue
will be 4th May, 2000. Consequently, Magna Pacific (Holdings)
Limited Options will be quoted on an "ex" basis as of 28th April,
2000.
The Funds raised pursuant to the issue will be used for investment
purposes. MPH is looking for investment opportunities to grow
shareholder value. MPH's cash on deposit with its bankers is in
excess of $5.5M.
In December 1999 MPH signed an agreement with Becker Group Limited
that has commenced to deliver the rights for cinema release movies
for rental and sell through on VHS and DVD in Australia, New Zealand
and Pacific Islands. MPH also signed a wholesale agreement in October
1999 with E-Tec Limited as its exclusive wholesaler for its catalogue
of in excess of 500 video titles. Between these two deals, MPH's
revenue will increase by between 100 and 300% over the next two
years. MPH anticipates making further investments in the
entertainment sector.
A Prospectus will be dispatched to shareholders on the 9th May 2000
and acceptances close on the 30th May 2000.
I recommend to prospective investors that this Prospectus be read in
its entirety in conjunction with all publicly available information
on MPH before deciding to apply for Options being offered for
subscription under this Prospectus.
C McKee
CHAIRMAN OF THE BOARD
MORE TO FOLLOW
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Rights Issue Prospectus
Document date: Thu 20 Apr 2000 Released time: Thu 20 Apr 2000 09:20:17
Document No: 134202 Document part: C
Market Flag: Y
Classification: Non-Renounceable Issue, Prospectus
MAGNA PACIFIC (HOLDINGS) LIMITED 2000-04-20 ASX-SIGNAL-G
HOMEX - Brisbane
+++++++++++++++++++++++++
PROPOSED TIMETABLE
TIMETABLE
* Announcement of Issue 8 February 2000
* Lodgement of Prospectus with ASIC and ASX 20 April 2000
Cut off date and MPH notifies ASX of the
record date (as a shareholders meeting is
not required) ("day 0")
* Application for quotation (appendix 2A)
("day 1") 26 April 2000
* Securities quoted on "ex" basis ("day 3") 28 April 2000
* Record date ("day 7") 4 May 2000
* Personalised Prospectus dispatched to
shareholders ("day 10") 9 May 2000
* Acceptances close ("day 22") 25 May 2000
* Securities quoted on deferred settlement
basis ("day 23") 26 May 2000
* Acceptance from member organisations
close ("day 25") 30 May 2000
* Entity notifies ASX of under subscriptions
("day 30") 4 June 2000
* Dispatch date ("day 37 - less 2 days") 14 June 2000
Investors are encouraged to submit their Applications as early as
possible.
DETAILS OF THE ISSUE
PURPOSE OF ISSUE AND APPLICATION OF FUNDS
As announced to the ASX on 8 February 2000, MPH is making a non-
renounceable pro rata rights issue of Options in Magna Pacific
(Holdings) Limited ("MPH")to Shareholders on the basis of nine
Options for every ten shares held at 5.00pm (Brisbane time) on 4 May
2000 ("Record Date") at an issue price of 5 cents per Option,
expecting to raise up to $2,266,793.20 before costs of the Issue.
This Prospectus is required to invite subscriptions for up to
45,335,864 Options in relation to the rights issue.
The funds raised by the Issue will be used for investment purposes.
Details of investments, should they eventuate, will be announced to
ASX in compliance with Listing Rule 3.1.
Material contained in this Prospectus in indicative only, based on
data available to MPH prior to lodgement with ASX and ASIC.
THE ISSUE
45,335,864 Options are expected to be offered for subscription
pursuant to this Prospectus.
The Options are being offered at 5 cents each, expecting to raise
$2,266,793.20 before costs of the Issue.
Please refer to Section 4.1 for the terms and conditions of the
Options.
MORE TO FOLLOW
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Rights Issue Prospectus
Document date: Thu 20 Apr 2000 Released time: Thu 20 Apr 2000 09:34:15
Document No: 134202 Document part: D
Market Flag: Y
Classification: Non-Renounceable Issue, Prospectus
MAGNA PACIFIC (HOLDINGS) LIMITED 2000-04-20 ASX-SIGNAL-G
HOMEX - Brisbane
+++++++++++++++++++++++++
DETAILS OF THE ISSUE
PURPOSE OF ISSUE AND APPLICATION OF FUNDS
As announced to the ASX on 8 February 2000, MPH is making a
non-renounceable pro rata rights issue of Options in Magna Pacific
(Holdings) Limited ("MPH") to Shareholders on the basis of nine
Options for every ten shares held at 5.00pm (Brisbane time) on 4 May
2000 ("Record Date") at an issue price of 5 cents per Option,
expecting to raise up to $2,266,793.20 before costs of the Issue.
This Prospectus is required to invite subscriptions for up to
45,335,864 Options in relation to the rights issue.
The funds raised by the issue will be used for investment purposes.
Details of investments, should they eventuate, will be announced to
ASX in compliance with Listing Rule 3.1.
Material continued in this Prospectus in indicative only, based on
data available to MPH prior to lodgement with ASX and ASIC.
THE ISSUE
45,335,864 Options are expected to be offered for subscription
pursuant to this Prospectus.
The Options are being offered at 5 cents each, expecting to raise
52,266,793.20 before costs of the Issue.
Please refer to Section 4.1 for the terms and conditions of the
Options.
MORE TO FOLLOW
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Ich werde die wohl kaufen, nur der Kurs muß erstmal noch hoch gehen.
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