SPB - Notice of Book Closure

Selective capital reduction and repayment exercise pursuant to Section 116 of the Companies Act (SCR)
 

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Offer” as from: 09 May 2019
2)  The last date of lodgment : 13 May 2019
3)  Date Payable : 23 May 2019

Remarks:-  Under the SCR, the Entitled Shareholders (as defined in the document to shareholders dated 22 January 2019) shall be entitled to receive a cash amount of RM6.30 for each existing ordinary share held in SPB ("SPB Share") on the Entitlement Date (as set out above) ("SCR Offer Price"). The settlement of the SCR Offer Price will be effected via electronic remittance to the Entitled Shareholders eDividend Accounts duly registered with Bursa Depository. For the Entitled Shareholders who do not maintain eDividend Accounts, the settlement of the SCR Offer Price will be effected via remittance in the form of cheques, bankers drafts and/or cashiers orders which will be despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders registered addresses last maintained with Bursa Depository at their own risk. Entitled Shareholders who are not residents of Malaysia are advised that the settlement of the SCR Offer Price will be made in RM. Such Entitled Shareholders who wish to convert the amount received into foreign currency for repatriation may do so after payment of the appropriate fee and/or charges as levied by the respective financial institutions. The trading of SPB Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will be suspended with effect from 9:00 a.m. on Tuesday, 7 May 2019 being three (3) clear market days prior to the Entitlement Date. Accordingly, the last day and time for trading of SPB Shares on the Main Market of Bursa Securities prior to the suspension will be at 5:00 p.m. on Monday, 6 May 2019. SPB Shares will no longer be traded on the Main Market of Bursa Securities following its suspension on Tuesday, 7 May 2019. For the avoidance of doubt, the trading of SPB Shares will continue to be suspended until the delisting of SPB from the Official List of Bursa Securities following the completion of the SCR. The notice to shareholders in relation to the suspension of trading of SPB Shares and the Entitlement Date for the SCR will be despatched to the shareholders of SPB on Monday, 29 April 2019. Any enquiries concerning this notice of book closure date should be addressed to the share registrar of SPB at the abovementioned contact details.