TRIVE
Bonus Issue
| TRIVE PROPERTY GROUP BERHAD |
| EX-date | 09 Nov 2017 |
| Entitlement date | 13 Nov 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | BONUS ISSUE OF UP TO 432,629,350 NEW ORDINARY SHARES IN THE COMPANY ("TRIVE SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 6 EXISTING TRIVE SHARES HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 PM ON 13 NOVEMBER 2017 ("ENTITLEMENT DATE") ("BONUS ISSUE") |
| Period of interest payment | to |
| Financial Year End | 31 Jan 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 | SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Tel:03 2084 9000 Fax:03 2094 9940 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 13 Nov 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 | 1 : 6 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
The Bonus Issue will entail the issuance of up to 432,629,350 Bonus Shares on the basis of 1 Bonus Share for every 6 Trive Shares held by the entitled shareholders whose names appear in the Record of Depositors ("ROD") of Trive at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The actual number of Bonus Shares to be issued will depend on the issued share capital of Trive on the Entitlement Date, taking into account any exercise of options granted under the existing employees share option scheme of the Company ("ESOS") and existing Trive warrants 2017 / 2020 ("Warrants B").
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 14 November 2017, being one (1) market day after the Entitlement Date.
Trive's Share Registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the Entitled Shareholders not later than four (4) market days after the date of listing and quotation for the Bonus Shares.
Holders of Warrants B ("Warrant B Holders") who wish to be entitled to the Bonus Issue shall exercise their Warrants B to subscribe for new Trive Shares by lodging their duly completed exercise forms together with the relevant subscription monies with Trive's Share Registrar (at the address stated above) on or before 5.00 p.m. on 3 November 2017. This is to enable the new Trive Shares arising from such exercise to be allotted to the respective Warrant B Holders such that their names will appear in the ROD for Trive Shares at 5.00 p.m. on the Entitlement Date.
This announcement is dated 30 October 2017. |
Announcement Info
| Company Name | TRIVE PROPERTY GROUP BERHAD |
| Stock Name | TRIVE |
| Date Announced | 30 Oct 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-30102017-00001 |