SCOMNET
Bonus Issue
| SUPERCOMNET TECHNOLOGIES BERHAD |
| EX-date | 14 Jun 2019 |
| Entitlement date | 17 Jun 2019 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | BONUS ISSUE OF UP TO 214,333,333 FREE WARRANTS IN SUPERCOMNET TECHNOLOGIES BERHAD ("STB") ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY THREE (3) EXISTING ORDINARY SHARES IN STB ("STB SHARE(S)" OR "SHARE(S)") HELD BY ENTITLED SHAREHOLDERS OF STB AT 5:00 PM ON 17 JUNE 2019 ("ENTITLEMENT DATE") ("BONUS ISSUE OF WARRANTS") |
| Period of interest payment | to |
| Financial Year End | |
| 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 | SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490Kuala Lumpur Tel:0320849000 Fax:0320949940 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 17 Jun 2019 |
| 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 | Ratio |
| Ratio | 1 : 3 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
The Bonus Issue of Warrants will entail the issuance of up to 214,333,333 Warrants on the basis of one (1) Warrant for every three (3) existing STB Shares held by the entitled shareholders.
The Company had on 29 May 2019 executed the deed poll constituting the Warrants to be issued pursuant to the Bonus Issue of Warrants.
The Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") 2 market days after the submission of the quotation application for the Warrants to Bursa Securities.
STB's share registrar will issue and despatch the notices of allotment for the Warrants to the entitled shareholders whose names appear in the record of depositors of STB on the entitlement date not later than 4 market days after the date the Warrants are listed and quoted on the ACE Market of Bursa Securities.
This announcement is dated 29 May 2019. |
Announcement Info
| Company Name | SUPERCOMNET TECHNOLOGIES BERHAD |
| Stock Name | SCOMNET |
| Date Announced | 29 May 2019 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-29052019-00005 |