KGROUP
Share Consolidation
KEY ALLIANCE GROUP BERHAD |
EX-date | 12 Sep 2017 |
Entitlement date | 14 Sep 2017 |
Entitlement time | 05:00 PM |
Entitlement subject | Share Consolidation |
Entitlement description | BOOKS CLOSURE DATE FOR THE CONSOLIDATION OF EVERY 4 ORDINARY SHARES IN KEY ALLIANCE GROUP BERHAD ("KAG" OR THE "COMPANY") ("SHARES") INTO 1 SHARE ("CONSOLIDATED SHARE") AT 5.00 P.M. ON 14 SEPTEMBER 2017 ("SHARE CONSOLIDATION") ("BOOKS CLOSURE DATE") |
Period of interest payment | to |
Financial Year End | 31 Mar 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 | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur Tel:03 2783 9299 Fax:03 2783 9222 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 14 Sep 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 | 4 : 1 |
Rights Issue/Offer Price | |
Par Value (if applicable) |
Remarks : |
Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant. The actual number of Consolidated Shares to be issued would depend on the issued share capital of KAG on the Books Closure Date. The fractional entitlements arising from the Share Consolidation, if any, will be disregarded and/or shall be dealt with by the Board of Directors of the Company ("Board") in such manner as the Board in its absolute discretion deems fit and expedient or in the best interest of the Company. The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 15 September 2017, being the next market day following the Books Closure Date. The notice of allotment for the Share Consolidation will be despatched to the entitled shareholders not later than 4 market days after the date of listing and quotation of the Consolidated Shares on Bursa Securities. This announcement is dated 29 August 2017. |
Announcement Info
Company Name | KEY ALLIANCE GROUP BERHAD |
Stock Name | KGROUP |
Date Announced | 29 Aug 2017 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-28082017-00015 |