Share Consolidation
| METRONIC GLOBAL BERHAD |
| Entitlement subject | Share Consolidation |
| Entitlement description | CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") ("METRONIC SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 20 MAY 2022 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") |
| Ex-Date | 19 May 2022 |
| Entitlement date | 20 May 2022 |
| Entitlement time | 5:00 PM |
| Financial Year End | 30 Jun 2022 |
| 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 | 20 May 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 | Ratio |
| Par Value (if applicable) | |
Entitlement Details
| Company Name | Ratio (New : Existing) |
Available/Listing Date | Fractional Entitlement |
| METRONIC GLOBAL BERHAD | 1.0000 : 10.0000 | 23 May 2022 | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
ALDPRO CORPORATE SERVICES SDN BHD Level 5, Block B, Dataran PHB Saujana Resort, Section U2 40150 Shah Alam Selangor Malaysia Tel:0378900638 Fax:0378901032 |
| Remarks : |
The Share Consolidation involves the consolidation of every 10 existing Shares into 1 Consolidated Share as at 5.00 p.m. on 20 May 2022, being the entitlement date for the Share Consolidation.
The actual number of Consolidated Shares to be issued would depend on the issued share capital of the Company on the entitlement date for the Share Consolidation. Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and/or dealt with by the Board of Directors of the Company at its absolute discretion in such manner as it may deem fit or expedient and in the best interest of the Company.
The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 23 May 2022, being the next market day following the entitlement date for the Share Consolidation.
The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders within 4 market days after the date of listing and quotation of the Consolidated Shares on the Main Market of Bursa Securities.
This announcement is dated 5 May 2022. |
Announcement Info
| Company Name | METRONIC GLOBAL BERHAD |
| Stock Name | MTRONIC |
| Date Announced | 05 May 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-06042022-00004 |
| Corporate Action ID | MY220406SPLR0001 |