ROHAS
Dividend in specie
| TECNIC GROUP BERHAD |
|
EX-date | 23/04/2015 |
| Entitlement date | 27/04/2015 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Dividend in specie |
| Entitlement description | DISTRIBUTION-IN-SPECIE OF 172,092,638 ORDINARY SHARES OF RM0.10 EACH IN SKP RESOURCES BERHAD (“SKP SHARES”) HELD BY TECNIC GROUP BERHAD (“TECNIC”) TO THE SHAREHOLDERS OF TECNIC ON THE BASIS OF 4.26 SKP SHARES FOR EVERY ONE (1) ORDINARY SHARE OF RM0.10 EACH IN TECNIC (“TECNIC SHARE”) HELD AS AT 5.00 P.M. ON 27 APRIL 2015 (“DISTRIBUTION”) |
| 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 entitlements |
| Registrar's name ,address, telephone no | Tricor Investors Services Sdn Bhd Level 17, The Gardens, North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Tel : 603-2264 3883 Fax : 603-2282 188 |
| Payment date | 12/05/2015 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 27/04/2015 |
| 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 | 426 : 100 |
| Rights Issues/Offer Price | |
| Remarks : |
| We refer to the announcements made on behalf of the Board of Directors (“Board”) of Tecnic, by RHB Investment Bank Berhad on 2 October 2014, 4 November 2014, 15 December 2014, 31 March 2015, 1 April 2015, 6 April 2015 and 10 April 2015 as well as the announcement made on even date in relation to the entitlement date for the distribution of the cash proceeds which amounts to RM94,933,732.55 and the repayment received from the Target Companies of RM11,715,226.57 which amounts to RM106,648,959.12. Under the Distribution, entitled shareholders of Tecnic will receive 4.26 SKP Shares for every one (1) Tecnic Share held as at 5.00 p.m. on 27 April 2015. Any fractional entitlements will be disregarded and will be dealt with in such manner as the Board of SKP and Tecnic in their absolute discretion deems fit and expedient in the best interest of SKP. This announcement is dated 13 April 2015 |
Announcement Info
| Company Name | TECNIC GROUP BERHAD |
| Stock Name | TECNIC |
| Date Announced | 13 Apr 2015 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-150413-EF3DD |