Adjustment
PMB TECHNOLOGY BERHAD |
Entitlement subject | Adjustment |
Entitlement description | Adjustment to the conversion price of irredeemable convertible unsecured loan stocks 2018/2023 ("ICULS 2018/2023") as specified in the trust deed dated 30 May 2018 ("Trust Deed") ("Adjustment"), as a consequence of the bonus issue of up to 1,296,774,800 new ordinary shares in PMB Technology Berhad ("PMBT" or the "Company") ("PMBT Shares") ("Bonus Shares") on the basis of 4 Bonus Shares for every 1 existing PMBT Share held as at 5.00 p.m. on 28 April 2022 ("Entitlement Date") ("Bonus Issue") |
EX-date | 27 Apr 2022 |
Entitlement date | 28 Apr 2022 |
Entitlement time | 5:00 PM |
Financial Year End | 31 Dec 2022 |
Period of interest payment | to |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 28 Apr 2022 |
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 | Currency |
Currency | Malaysian Ringgit (MYR) |
Entitlement in Currency | 0.5500 |
Par Value (if applicable) |
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 holders of the ICULS 2018/2023 ("ICULS Holders") must convert their respective outstanding ICULS 2018/2023 and lodge their duly completed and signed conversion notice with the Share Registrar by 5.00 p.m. on 18 April 2022 in order to be entitled to the Bonus Issue. The ICULS Holders whose names appear in the Record of Depositors for the outstanding ICULS 2018/2023 as at 5.00 p.m. on the Entitlement Date shall accordingly be entitled to the Adjustment. The conversion price of ICULS 2018/2023 shall be adjusted from RM2.74 to RM0.55. The Adjustment shall take effect on 29 April 2022, being the next market day following the Entitlement Date. The notice to the ICULS Holders (setting out the details of the Adjustment) will be despatched in due course. This announcement is dated 8 April 2022. |
Announcement Info
Company Name | PMB TECHNOLOGY BERHAD |
Stock Name | PMBTECH-LA |
Date Announced | 08 Apr 2022 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-07042022-00005 |