News & Announcement 2008


2004/05	2006/07
2003	2002	2001	2000	1998/09
The following is a collection of recent news and announcement from our Corporate Office sorted in reverse chronological order. Purchase of Own Shares by AIC

Click on each title to read the full news.
13/03/2008	1 Warrant is exercisable into 1 ordinary share of RM1.00 each in AIC
28/03/2008	Proposed acquisition of the entire equity interest in Prodelcon Sdn Bhd (“Prodelcon”) (“Proposed Acquisition”)
24/03/2008	Proposed acquisition of the entire equity interest in Prodelcon Sdn Bhd (“Proposed Acquisition”)
17/03/2008	AIC-RENOUNCEABLE RIGHTS ISSUE OF 28,853,142 NEW ORDINARY SHARES OF RM1.00 EACH IN AIC ("RIGHTS SHARES") WITH 26,230,129 FREE NEW DETACHABLE WARRANTS (“WARRANTS”), ON THE BASIS OF ELEVEN (11) RIGHTS SHARES WITH TEN (10) WARRANTS FOR EVERY FORTY (40) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN AIC AT AN ISSUE PRICE OF RM1.00 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
10/03/2008	Renounceable rights issue of 28,853,142 new ordinary shares of RM1.00 each in AIC (“AIC Shares”) (“Rights Shares”) with 26,230,129 free new detachable warrants (“Warrants”) on the basis of 11 Rights Shares and 10 Warrants for every 40 existing AIC Shares held in the Company at 5:00 p.m. on 15 February 2008 at an issue price of RM1.00 per Rights Share (“Rights Issue”)
28/02/2008	Quarterly report for the financial period ended 31/12/2007
27/02/2008	EXTRAORDINARY GENERAL MEETING IN RELATION TO THE PROPOSED ACQUSITION OF 1,249,000 ORDINARY SHARES OF RM1.00 EACH IN PRODELCON SDN. BHD. ("PRODELCON"), REPRESENTING THE ENTIRE EQUITY INTEREST IN PRODELCON, FROM JOTECH HOLDINGS BERHAD FOR A PURCHASE CONSIDERATION OF RM53,000,000 TO BE SATISFIED BY THE ISSUANCE OF 27,500,000 NEW ORDINARY SHARES OF RM1.00 EACH IN AIC AT AN ISSUE PRICE OF RM1.00 EACH AND THE REMAINING RM25,500,000 IN CASH ("PROPOSED ACQUISITION")
05/02/2008	Notice of Extraordinary General Meeting
30/01/2008	AIC-MERGING OF SHARES
30/01/2008	AIC - NOTICE OF RIGHTS ENTITLEMENT
30/01/2008	AIC - NOTICE OF RIGHTS ENTITLEMENT
29/01/2008	Proposed rights issue of shares with free warrants (“Proposed Rights Issue”)
29/01/2008	Renounceable rights issue of up to 29,859,642 new ordinary shares of RM1.00 each in AIC (“AIC Shares”)(“Rights Shares”) together with up to 27,145,129 free new detachable warrants (“Warrants”) attached on the basis of 11 Rights Shares with 10 Warrants for every 40 existing AIC Shares held as at 5.00 p.m. on 15 February 2008
29/01/2008	Renounceable rights issue of up to 29,859,642 new ordinary shares of RM1.00 each in AIC (“Shares”) (“Rights Shares”) together with up to 27,145,129 free new detachable warrants (“Warrants”) attached on the basis of 11 Rights Shares with 10 Warrants for every 40 existing Shares held as at 5:00 p.m. on 15 February 2008
28/01/2008	Proposed rights issue of shares with free warrants(“Proposed Rights Issue”)
21/01/2008	PROPOSED DIVESTMENT OF SUBSIDIARIES
02/01/2008	Proposed acquisition of the entire equity interest in Prodelcon Sdn Bhd (“Prodelcon”) (“Proposed Acquisition”)
02/01/2008	ACQUISITION BY AIC OF THE REMAINING 25% EQUITY INTEREST IN AIC TECHNOLOGY SDN BHD, A 75% OWNED SUBSIDIARY OF AIC FROM DARULNAS (M) SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM14,000,000 SATISFIED BY THE ISSUANCE OF 12,600,000 NEW ORDINARY SHARES OF RM1.00 EACH IN AIC (“AIC SHARES”) AT RM1.00 EACH AND CASH OF RM1,400,000 (“ACQUISITION”)