CompactMetal LodgmentofOIS

Compact Metal Industries Ltd
(Company Registration No. 197500009H) (Incorporated in the Republic of Singapore) ANNOUNCEMENT 2013 SHARE CONSOLIDATION 20 SHARES INTO 1 CONSOLIDATED SHARE AND SUBSEQUENT PROPOSED 2013 RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE ON THE BASIS OF 2 RIGHTS SHARES AND 2 FREE WARRANTS FOR EVERY 1 CONSOLIDATED SHARE LODGMENT AND DESPATCH OF OFFER INFORMATION STATEMENT AND EXPECTED TIMETABLE OF KEY EVENTS
Unless otherwise defined, all capitalised terms used herein shall bear the same meanings as ascribed to them in the Companys Offer Information Statement lodged with the Monetary Authority of Singapore on 18 October 2013. The Board of Directors (Board) of Compact Metal Industries Ltd. (Company) wishes to announce that the Offer Information Statement dated 18 October 2013 (the Offer Information Statement) in relation to the Rights cum Warrants Issue has been lodged with the Monetary Authority of Singapore (the Authority) on 18 October 2013. Copies of the Offer Information Statement, together with the Application and Acceptance Form for Rights Shares and Excess Rights Shares (the ARE) and the Provisional Allotment Letter (the PAL), as the case may be, issued in connection with the Rights cum Warrants Issue, will be despatched by the Company to Entitled Shareholders on or around 22 October 2013. A copy of the Offer Information Statement may also be found on the Authoritys website at http://masnet.mas.gov.sg. Acceptances of provisional allotments of Rights Shares with Warrants and (if applicable) applications for Excess Rights Shares with Warrants under the Rights cum Warrants Issue may be made: (i) in the case of Entitled Depositors, by way of the ARE through The Central Depository (Pte) Limited (CDP) and/or by way of an Electronic Application through an ATM of DBS Bank Ltd. (including POSB) and United Overseas Bank Limited and its subsidiary, Far Eastern Bank Limited (each, a Participating Bank); and in the case of Entitled Scripholders, by way of the PAL through the Share Registrar, M & C Services Private Limited.
(ii)
More information on the procedures for acceptance, payment and excess application of the Rights Shares with Warrants by Entitled Shareholders may be found in the Offer Information Statement. Trading for the provisional allotment of Rights Shares with Warrants (the nil-paid rights) on the SGX-ST will commence at 9.00 a.m. on 22 October 2013 and end at 5.00 p.m. on 30 October 2013. Entitled Depositors who sell their nil-paid rights during the abovementioned period do not need to forward any documents (whether the Offer Information Statement or the ARE) to the purchasers of the nil-paid rights (the Purchasers) as arrangements will be made by CDP for a separate Application Form for Rights Shares with Warrants (the ARS) to be issued to the Purchasers. Purchasers should note that CDP will, on behalf of the Company, send the Offer Information Statement and the relevant forms, by ordinary post and at the Purchasers own risk, to their respective Singapore addresses as recorded with CDP. The Offer Information Statement and its accompanying documents will not be despatched to Purchasers whose registered addresses with CDP are outside Singapore (Foreign Purchasers). Foreign Purchasers who wish to accept the provisional allotments of Rights Shares credited by CDP to their Securities Accounts should make the necessary arrangements with their Depository Agents or stockbrokers in Singapore.
1
EXPECTED TIMETABLE OF KEY EVENTS Shareholders should take note of the following important dates and times relating to the Share Consolidation and the Rights cum Warrants Issue: Shares trade ex-rights Rights Books Closure Date Despatch of the Offer Information Statement (together with the ARE or PAL (as the case may be) to Entitled Shareholders) Commencement of trading of nil-paid rights Last date and time for splitting and trading of nilpaid rights Last date and time for acceptance of and payment for Rights Shares with Warrants Last date and time for acceptance of and payment for Rights Shares with Warrants by renouncees Last date and time for application and payment for Excess Rights Shares with Warrants Expected date for issuance of Rights Shares with Warrants Expected date for crediting of Rights Shares with Warrants Expected date for refund of unsuccessful or invalid applications (if made through CDP) Expected date for commencement of trading of Rights Shares on the SGX-ST Expected date for commencement of trading of Warrants (subject to there being an adequate spread of holdings in the Warrants to provide for an orderly market in the trading of the Warrants) on the SGXST : : : 14 October 2013 from 9.00 a.m. 17 October 2013 at 5.00 p.m. 22 October 2013
: :
22 October 2013 from 9.00 a.m. 30 October 2013 at 5.00 p.m.
5 November 2013 at 5.00 p.m. (9.30 p.m. for Electronic Applications) 5 November 2013 at 5.00 p.m. (9.30 p.m. for Electronic Applications) 5 November 2013 at 5.00 p.m. (9.30 p.m. for Electronic Applications) 11 November 2013
12 November 2013
13 November 2013
13 November 2013 from 9.00 a.m.
14 November 2013 from 9.00 a.m.
Pursuant to Rule 820(1) of the Listing Manual, the Rights cum Warrants Issue will not be withdrawn after the Shares have commenced ex-rights trading. The above timetable is indicative only and is subject to change. As at the date of this Announcement, the Company does not expect the above timetable to be modified. However, the Company may, upon consultation with the Manager and with the approval of the SGX-ST, modify the above timetable subject to any limitations under any applicable laws. In such an event, the Company will publicly announce any change to the above timetable through an SGXNET announcement to be posted on the SGX-STs website at http://www.sgx.com.
BY ORDER OF THE BOARD
Chng Beng Hua Executive Director and Chief Executive Officer 18 October 2013

CompactMetal LodgmentofOIS

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Compact Metal Industries Ltd

22 October 2013 from 9.00 a.m. 30 October 2013 at 5.00 p.m.

13 November 2013 from 9.00 a.m.

14 November 2013 from 9.00 a.m.

BY ORDER OF THE BOARD

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