Table 1: Utilisation of proceeds
RM’000
Investment in new businesses and repayment of bank borrowings and 79,000
other debt instruments
Defraying expenses 1,000
Total 80,000
Table 2: Proforma effects of the Proposed Disposal on the audited NTA of the OCB
Group as at 31 December 2002
1
Audited as at Adjustment After Proposed
31 December 2002 Disposal
RM’000 RM’000 RM’000
Share capital 42,500 102,850 102,850
2,3
Reserves 110,089 93,284 116,284
Shareholders’ funds 152,589 196,134 219,134
Less: Goodwill (58,389) (58,389) (58,389)
NTA 94,200 137,745 160,745
NTA per Share (RM) 2.22 1.34 1.56
Notes:
1 After adjustment on the proposed rights issue of 37,400,000 new ordinary shares of RM1.00 each in OCB (OCB
Shares) (Rights Shares) on the basis of four (4) Rights Shares for every five (5) existing OCB Shares held on an
entitlement date to be determined later and at an assumed issue price of RM1.10 per Rights Share (Proposed Rights
Issue) and proposed bonus issue of 18,700,000 new OCB Shares (Bonus Shares) credited as fully paid-up on the
basis of one (1) Bonus Share for every two (2) Rights Shares subscribed pursuant to the Proposed Rights Issue
(Proposed Bonus Issue) as announced on 5 September 2003 and 20 November 2003.
2 After taking into consideration of the gain on disposal of RM24,000,000.
3 After taking into consideration of the estimated expenses of RM1,000,000 pursuant to the Proposed Disposal.