CAB-WA

Adjustment

CAB CAKARAN CORPORATION BERHAD

EX-date 02 Aug 2017
Entitlement date 04 Aug 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 16 January 2015 ("Deed Poll") ("Warrants") pursuant to the subdivision of every 2 existing ordinary shares in the Company into 5 ordinary shares in the Company ("Share Split") and the bonus issue of up to 138,649,040 new subdivided shares in the Company ("Bonus Share(s)") on the basis of 1 Bonus Share for every 4 subdivided shares in the Company ("Bonus Issue"), held by the shareholders as at 5.00 p.m. on 4 August 2017 ("Entitlement Date")
Period of interest payment   to  
Financial Year End 30 Sep 2017
Share transfer book & register of members will be 04 Aug 2017   to   04 Aug 2017 closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200Kuala Lumpur Tel:0327839299 Fax:0327839222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 04 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 17 : 8
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The exercise price and the number of outstanding Warrants will be adjusted in accordance with the provisions of the Deed Poll, as a consequence of the Share Split and the Bonus Issue, and that the said adjustments will take effect from 7 August 2017, being the next market day immediately after the Entitlement Date. 

The Additional Warrants arising from the adjustment consequential to the Share Split and the Bonus Issue will be allotted and issued to the entitled Warrants 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 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 subdivided Shares (under Share Split) and Bonus Shares (under Bonus Issue) on 7 August 2017, being the next market day immediately after the Entitlement Date.

The notice to Warrants 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 Share Split and Bonus Issue should exercise their Warrants 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 Tuesday, 25 July 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 20 July 2017.


Announcement Info

Company Name CAB CAKARAN CORPORATION BERHAD
Stock Name CAB-WA
Date Announced 20 Jul 2017
Category Entitlement(Notice of Book Closure)
Reference Number ENT-20072017-00006


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