EDUSPEC

0.145

+0.005 (+3.6%)

SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) SHARE CONSOLIDATION

EDUSPEC HOLDINGS BERHAD

Type Announcement
Subject SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS)
Description
SHARE CONSOLIDATION

(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those defined in the Circular dated 17 July 2020 in relation to the Share Consolidation.)

 

We refer to the Company’s announcements dated 7 July 2020, 9 July 2020, 17 July 2020, 20 July 2020 and 11 August 2020 in relation to the Share Consolidation.

 

On behalf of the Board, Mercury Securities wishes to announce that Eduspec’s existing number of 3,897,934,741 Eduspec Shares will be consolidated into 1,948,967,361 Consolidated Shares after 5.00 p.m. today (after disregarding the fractional entitlements arising from the Share Consolidation), pursuant to the Share Consolidation. Consequently, pursuant to the provisions of the Deed Poll B, the existing number of 550,906,743 Warrants B will be adjusted into 275,453,358 Consolidated Warrants B (after disregarding the fractional entitlements arising from the adjustment to the number of Warrants B as specified in Deed Poll B).

 

The Consolidated Shares and Consolidated Warrants B will be listed and quoted on the ACE Market of Bursa Securities with effect from 9.00 a.m. on 27 August 2020.

 

 

This announcement is dated 26 August 2020.






Announcement Info

Company Name EDUSPEC HOLDINGS BERHAD
Stock Name EDUSPEC
Date Announced 26 Aug 2020
Category General Announcement for PLC
Reference Number GA1-25082020-00156