SMTRACK
Share Consolidation
| SMTRACK BERHAD |
| EX-date | 04 Aug 2017 |
| Entitlement date | 08 Aug 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Share Consolidation |
| Entitlement description | SHARE CONSOLIDATION OF EVERY 4 ORDINARY SHARES IN SMTRACK BERHAD ("SMTRACK" OR "COMPANY") INTO 1 NEW ORDINARY SHARE IN SMTRACK ("SMTRACK SHARE") ("CONSOLIDATED SHARE") AT 5.00 P.M. ON 8 AUGUST 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 | BOARDROOM CORPORATE SERVICES (KL) SDN BHD Lot 6.05, Level 6, KPMG Tower 8, First Avenue Bandar Utama 47800 Petaling Jaya Tel:03-77201188 Fax:03-77201111 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 08 Aug 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 : |
The Share Consolidation entails the consolidation of every 4 existing SMTrack Shares into 1 Consolidated Share at 5.00 p.m. on the Entitlement Date.
The date of listing of and quotation for the Consolidated Shares on the ACE Market of Bursa Malaysia Securities Berhad will be on 9 August 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 25 July 2017. |
Announcement Info
| Company Name | SMTRACK BERHAD |
| Stock Name | SMTRACK |
| Date Announced | 25 Jul 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-25072017-00001 |