PENTA
Bonus Issue
| PENTAMASTER CORPORATION BERHAD |
| EX-date | 29 Nov 2017 |
| Entitlement date | 04 Dec 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | BONUS ISSUE OF 11,725,386 NEW ORDINARY SHARES IN PENTAMASTER CORPORATION BERHAD ("PCB SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 2 BONUS SHARES FOR EVERY 25 EXISTING PCB SHARES HELD AS AT 5:00PM ON 4 DECEMBER 2017 |
| 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 (PENANG) Suite 18.05, MWE Plaza No. 8 Lebuh Farquhar 10200 Tel:042631966 Fax:042628544 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 04 Dec 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 | 2 : 25 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
Par value is no longer relevant arising from the migration to the no par value regime under the Companies Act, 2016.
The Bonus Issue will entail the issuance of 11,725,386 Bonus Shares to be credited as fully paid-up on the basis of 2 Bonus Shares for every 25 existing PCB Shares held by the entitled shareholders.
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 5 December 2017, being the next market day after the entitlement date.
PCB's share registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders whose names appear in the Record of Depositors of PCB on the entitlement date within 4 market days after the date the Bonus Shares are listed and quoted on the Main Market of Bursa Securities.
This announcement is dated 17 November 2017. |
Announcement Info
| Company Name | PENTAMASTER CORPORATION BERHAD |
| Stock Name | PENTA |
| Date Announced | 17 Nov 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-17112017-00009 |