PANTECH

Bonus Issue

PANTECH GROUP HOLDINGS BERHAD

EX-date 19 Dec 2016
Entitlement date 21 Dec 2016
Entitlement time 05:00 PM
Entitlement subject Bonus Issue
Entitlement description Bonus Issue of up to 138,089,185 new ordinary shares of RM0.20 each in Pantech Group Holdings Berhad ("Pantech") ("Bonus Shares") on the basis of one (1) Bonus Share for every five (5) existing ordinary shares of RM0.20 each in Pantech ("Pantech Shares") held by the shareholders of Pantech whose names appear in Pantech's Record of Depositors as at 5.00 p.m. on 21 December 2016 ("Entitlement Date") ("Entitled Shareholders") ("Bonus Issue").
Period of interest payment   to  
Financial Year End 28 Feb 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 MEGA CORPORATE SERVICES SDN BHD Level 15-2, Bangunan Faber Imperial Court Jalan Sultan Ismail 50250Kuala Lumpur Tel:0326924271 Fax:0327325388
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 21 Dec 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 : 5
Rights Issue/Offer Price
Par Value Malaysian Ringgit (MYR) 0.200


Remarks :
The Bonus Issue will entail the issuance of up to 138,089,185 Bonus Shares, to be credited as fully paid-up on the basis of one (1) Bonus Shares for every five (5) existing Pantech Shares held by the Entitled Shareholders. The actual number of Bonus Shares to be issued will depend on the issued and paid-up share capital of Pantech on the Entitlement Date.

The Bonus Shares will be listed and quoted on the Main Market of Bursa Securities within five (5) clear market days after the Entitlement Date.

Pantech'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 the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.

This announcement is dated 5 December 2016.


Announcement Info

Company Name PANTECH GROUP HOLDINGS BERHAD
Stock Name PANTECH
Date Announced 05 Dec 2016
Category Entitlement(Notice of Book Closure)
Reference Number ENT-05122016-00003


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