OSK-WC

Adjustment

OSK HOLDINGS BERHAD

EX-date 27 Nov 2017
Entitlement date 29 Nov 2017
Entitlement time 05:00 PM
Entitlement subject Adjustment
Entitlement description Adjustment to the exercise price and number of outstanding warrants 2015/ 2020 in the Company constituted by the deed poll dated 7 July 2015 ("Deed Poll") ("Warrant(s) C") pursuant to the bonus issue of up to 820,311,770 new ordinary shares each in OSK Holdings Berhad ("OSK") ("OSK Share(s)") ("Bonus Share(s)") on the basis of one (1) Bonus Share for every two (2) existing OSK Shares held as at 5.00 p.m. on 29 November 2017 ("Entitlement Date").
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 SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490Kuala Lumpur Tel:0320849000 Fax:0320949940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 29 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 : 2
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The exercise price and the number of outstanding Warrants C will be adjusted in accordance with the provisions of the Deed Poll, as a consequence of the Bonus Issue, and that the said adjustments will take effect from 30 November 2017, being the next market day immediately after the Entitlement Date. 

The Additional Warrants arising from the adjustment consequential to the Bonus Issue will be allotted and issued to the entitled Warrant C holders of the Company whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date. The final number of Additional Warrants to be issued and allotted will depend on the number of outstanding Warrants C which have yet to be exercised as at the Entitlement Date. The Additional Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad simultaneously with the Bonus Shares on 30 November 2017, being the next market day immediately after the Entitlement Date.

The notice to Warrant C holders setting out the details of the adjustments and the notice of allotment of the Additional Warrants will be despatched in due course.

Warrants holders who wish to be entitled to the Bonus Issue should exercise their Warrants C by lodging their duly completed exercise forms together with the relevant subscription monies with the Company's Share Registrar on or before 5.00 p.m. on Friday, 17 November 2017 such that their names will appear on the Record of Depositors at 5.00 p.m. on the Entitlement Date.


This announcement is dated 15 November 2017.


Announcement Info

Company Name OSK HOLDINGS BERHAD
Stock Name OSK-WC
Date Announced 15 Nov 2017
Category Entitlement(Notice of Book Closure)
Reference Number ENT-15112017-00010


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