HUBLINE
Share Consolidation
| HUBLINE BERHAD |
| EX-date | 13 Feb 2017 |
| Entitlement date | 15 Feb 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Share Consolidation |
| Entitlement description | Consolidation of every twenty (20) ordinary shares of RM0.005 each in Hubline Berhad ("Hubline") into one (1) ordinary shares of RM0.10 in each in Hubline ("Consolidated Shares") ("Share Consolidation") |
| Period of interest payment | to |
| Financial Year End | 30 Sep 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 | 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 | 15 Feb 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 | 20 : 1 |
| Rights Issue/Offer Price | |
| Par Value | Malaysian Ringgit (MYR) 0.005 |
| Remarks : |
The actual number of Consolidated Shares to be issued would depend on the issued and paid-up share capital of Hubline on 15 February 2017. The fractional entitlements arising from the Share Consolidation, if any, will be disregarded and/or shall be dealt with by the Board of Directors of Hubline ("Board") in such manner as the Board in its absolute discretion deems fit and expedient or in the best interest of Hubline.
The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 16 February 2017, being the next market day following the entitlement date for the Share Consolidation. The notice of allotment for the Share Consolidation will be despatched to the entitled shareholders within four (4) market days after the listing and quotation of the Consolidated Shares.
This announcement is dated 26 January 2017. |
Announcement Info
| Company Name | HUBLINE BERHAD |
| Stock Name | HUBLINE |
| Date Announced | 26 Jan 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-26012017-00001 |