LAGENDA
Share Consolidation
D.B.E. GURNEY RESOURCES BERHAD |
Entitlement subject | Share Consolidation |
Entitlement description | Consolidation of every twenty-five (25) ordinary shares in Lagenda Properties Berhad (formerly known as D.B.E. Gurney Resources Berhad) ("LPB") ("LPB Shares") into one (1) ordinary share in LPB ("Consolidated Shares") ("Share Consolidation") |
Ex-Date | 05 Aug 2020 |
Entitlement date | 06 Aug 2020 |
Entitlement time | 5:00 PM |
Financial Year End | 31 Dec 2020 |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 06 Aug 2020 |
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 |
Par Value (if applicable) |
Entitlement Details
Company Name | Ratio (New : Existing) |
Available/Listing Date | Fractional Entitlement |
D.B.E. GURNEY RESOURCES BERHAD | 1.0000 : 25.0000 | 07 Aug 2020 | Round Down / Fraction Disregard |
Registrar or Service Provider name, address, telephone no |
INSURBAN CORPORATE SERVICES SDN BHD 149 Jalan Aminuddin Baki Taman Tun Dr Ismail 60000 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0377295529 Fax:0377285948 |
Remarks : |
The Share Consolidation entails the consolidation of every twenty-five (25) existing LPB Shares into one (1) Consolidated Share as at 5.00 p.m. on 6 August 2020, being the entitlement date for the Share Consolidation. The actual number of Consolidated Shares to be issued would depend on the issued share capital of LPB on the entitlement date, taking into account any new LPB Shares arising from the exercise of the outstanding five-year warrants 2017/2022 in LPB as specified by the deed poll dated 20 January 2017. Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and dealt with by the board of directors of LPB in such manner at its absolute discretion as it may deem fit or expedient and in the best interests of LPB. The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 7 August 2020, being the next market day after the entitlement date for the Share Consolidation. The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders for the Share Consolidation within four (4) market days after the listing and quotation of the Consolidated Shares on the Main Market of Bursa Malaysia Securities Berhad. This announcement is dated 22 July 2020. |
Announcement Info
Company Name | D.B.E. GURNEY RESOURCES BERHAD |
Stock Name | DBE |
Date Announced | 22 Jul 2020 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-21072020-00008 |
Corporate Action ID | MY200721SPLR0001 |