PARLO
Share Consolidation
| PARLO BERHAD |
| EX-date | 26 Dec 2017 |
| Entitlement date | 28 Dec 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Share Consolidation |
| Entitlement description | PARLO BERHAD ("PARLO" OR THE "COMPANY") CONSOLIDATION OF 10 ORDINARY SHARES IN PARLO INTO 1 NEW ORDINARY SHARE IN PARLO ("PARLO SHARE" OR "SHARE") ("CONSOLIDATED SHARE") AT 5.00 P.M. ON 28 DECEMBER 2017 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION") |
| 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 | Symphony Share Registrars Sdn Bhd Level 6, Symphony House, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan Tel: 03-7849 0777 Fax: 03-7841 8151 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 28 Dec 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 | Ratio |
| Ratio | 10 : 1 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
The Share Consolidation entails the consolidation of 10 ordinary shares in Parlo into 1 Consolidated Share at 5.00 p.m. on the Entitlement Date. Fractional entitlements of the Consolidated Shares, if any, shall be dealt with in such manner as the Board of Directors of Parlo in its absolute discretion deems fit and expedient and in the best interest of the Company.
The date of listing of and quotation for the Consolidated Shares on the ACE Market of Bursa Malaysia Securities Berhad will be on 29 December 2017 ("Listing Date"), being the next market day following the Entitlement Date.
The Consolidated Shares will be credited into the entitled shareholders' Central Depository System accounts and a notice of allotment will be issued and despatched to every entitled shareholder at the address set out in the Record of Depositors within 4 market days after the Listing Date.
This announcement is dated 13 December 2017. |
Announcement Info
| Company Name | PARLO BERHAD |
| Stock Name | PARLO |
| Date Announced | 13 Dec 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-13122017-00023 |