Others
HWANG CAPITAL (MALAYSIA) BERHAD |
EX-date | 10 Nov 2017 |
Entitlement date | 14 Nov 2017 |
Entitlement time | 05:00 PM |
Entitlement subject | Others |
Entitlement description | Selective capital reduction and repayment exercise pursuant to Section 117 of the Companies Act, 2016 ("SCR") |
Period of interest payment | to |
Financial Year End | 31 Jul 2018 |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
Registrar or Service Provider name, address, telephone no | Agriteum Share Registration Services Sdn Bhd 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 Penang, Malaysia Tel : 604-228 2321 Fax : 604-227 2391 |
Payment date | 22 Nov 2017 |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 14 Nov 2017 |
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
Number of new shares/securities issued (units) (If applicable) | |
Entitlement indicator | Currency |
Currency | Malaysian Ringgit (MYR) |
Entitlement in Currency | 2.94 |
Par Value (if applicable) |
Remarks : |
Under the SCR, all shareholders of HCM other than Hwang Enterprises Sdn Bhd and Hwang Lip Teik (collectively referred to as the "Non-Entitled Shareholders"), whose names appear in the Record of Depositors as at 5.00 p.m. on Tuesday, 14 November 2017 ("Entitlement Date") ("Entitled Shareholders") shall be entitled to receive a cash payment of RM2.94 ("SCR Offer Price") for each existing HCM Share held and/or transferred into your CDS account(s) on or before 4.00 p.m. on Tuesday, 14 November 2017. The Non-Entitled Shareholders do not intend to maintain the listing status of HCM on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities"). Accordingly, the Non-Entitled Shareholders will request the Board to make an application to Bursa Securities pursuant to Paragraph 16.08 of the Main Market Listing Requirements of Bursa Securities to de-list HCM and withdraw its listing status from the Official List of Bursa Securities. The notice to shareholders in relation to the Entitlement Date for the SCR will be despatched to the shareholders of HCM on 31 October 2017. This announcement is dated 30 October 2017. |
Announcement Info
Company Name | HWANG CAPITAL (MALAYSIA) BERHAD |
Stock Name | HWANG |
Date Announced | 30 Oct 2017 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-30102017-00005 |