NOTION
Others
| NOTION VTEC BERHAD |
| EX-date | 08 Mar 2018 |
| Entitlement date | 12 Mar 2018 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Others |
| Entitlement description | ISSUE OF UP TO 34,309,315 FREE WARRANTS IN NOTION VTEC BERHAD ("NVB") ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 10 EXISTING ORDINARY SHARES HELD IN NVB ("FREE WARRANTS ISSUE") |
| Period of interest payment | to |
| Financial Year End | 30 Sep 2017 |
| 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 | 12 Mar 2018 |
| 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 : 10 |
| 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.
Fractional entitlements to the Warrants arising from the Free Warrants Issue, if any, shall be disregarded, and dealt with in such manner as the Board of Directors of NVB shall in its discretion deem fit or expedient, and in the best interest of NVB.
The Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within 2 market days after the application for the quotation of the Warrants is submitted to Bursa Securities.
The notices of allotment of the Warrants will be issued and despatched to the entitled shareholders for the Free Warrants Issue within 4 market days after the listing of and quotation for the Warrants on the Main Market of Bursa Securities.
This announcement is dated 26 February 2018. |
Announcement Info
| Company Name | NOTION VTEC BERHAD |
| Stock Name | NOTION |
| Date Announced | 26 Feb 2018 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-23022018-00009 |