ZENTECH
Share consolidate
| INIX TECHNOLOGIES HOLDINGS BERHAD |
| EX-date | 21 Sep 2016 |
| Entitlement date | 23 Sep 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Share consolidate |
| Entitlement description | INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR THE "COMPANY") SHARE CONSOLIDATION OF EVERY TWO (2) ORDINARY SHARES OF RM0.05 EACH INTO ONE (1) NEW ORDINARY SHARE OF RM0.10 EACH ("INIX SHARE" OR "SHARE") ("CONSOLIDATED SHARE") AT 5.00 P.M. ON 23 SEPTEMBER 2016 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION") |
| Period of interest payment | to |
| Financial Year End | 31 Jul 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 | BINA MANAGEMENT (M) SDN BHD Lot 10, The Highway Centre Jalan 51/205 46050Petaling Jaya Tel:0377843922 Fax:0377841988 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 23 Sep 2016 |
| 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 : 2 |
| Rights Issue/Offer Price | |
| Par Value | Malaysian Ringgit (MYR) 0.050 |
| Remarks : |
The Share Consolidation entails the consolidation of every two (2) existing ordinary shares of RM0.05 each into one (1) Consolidated Share at 5.00 p.m. on the Entitlement Date. The actual number of Consolidated Shares to be issued would depend on the issued and paid-up share capital of Inix on the Entitlement Date, taking into account any new Inix Shares arising from the exercise of Inix's outstanding warrants 2015/2020 constituted by the deed poll dated 9 October 2015.
The date of listing of and quotation for the Consolidated Shares on the ACE Market of Bursa Malaysia Securities Berhad will be 26 September 2016 ("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 four (4) market days after the Listing Date.
This announcement is dated 7 September 2016. |
Announcement Info
| Company Name | INIX TECHNOLOGIES HOLDINGS BERHAD |
| Stock Name | INIX |
| Date Announced | 07 Sep 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-07092016-00002 |