PA
Share Consolidation
| P.A. RESOURCES BERHAD |
| Entitlement subject | Share Consolidation |
| Entitlement description | SHARE CONSOLIDATION OF EVERY 2 EXISTING ORDINARY SHARES IN P.A. RESOURCES BERHAD ("PARB") ("PARB SHARE(S)") INTO 1 PARB SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION") |
| Ex-Date | 08 Feb 2021 |
| Entitlement date | 09 Feb 2021 |
| Entitlement time | 5:00 PM |
| Financial Year End | 30 Jun 2021 |
| 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 | 09 Feb 2021 |
| 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) | Malaysian Ringgit (MYR) 0.0000 |
Entitlement Details
| Company Name | Ratio (New : Existing) |
Available/Listing Date | Fractional Entitlement |
| P.A. RESOURCES BERHAD | 1.0000 : 2.0000 | 10 Feb 2021 | Round Down / Fraction Disregard |
| 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 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222 |
| Remarks : |
The actual number of Consolidated Shares to be consolidated would depend on the issued share capital of PARB on the Entitlement Date. Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit or expedient and in the best interest of the Company.
The date of the listing and quotation for the Consolidated Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") shall be on 10 February 2021, being the next market date immediately after the Entitlement Date.
Holders of outstanding warrants 2017/2022 ("Warrant(s) B") who wish to be entitled to the Share Consolidation should exercise their Warrants B by lodging their duly completed Warrants B exercise forms together with the relevant exercise subscription monies with the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, on or before 5.00p.m. on 25 January 2021. This is to enable their names to appear on the Company's Record of Depositors by 5.00p.m. on 9 February 2021.
The notices of allotment of the Consolidated Shares will be issued and despatched to all the entitled shareholders of PARB within 4 market days after the date of the listing and quotation for the Consolidated Shares on the Main Market of Bursa Securities.
This announcement is dated 21 January 2021. |
Announcement Info
| Company Name | P.A. RESOURCES BERHAD |
| Stock Name | PA |
| Date Announced | 21 Jan 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-21012021-00004 |
| Corporate Action ID | MY210121SPLR0001 |