LIONIND

0.290

(%)

Bonus Issue

LION INDUSTRIES CORPORATION BERHAD

Entitlement subject Bonus Issue
Entitlement description
Issuance of up to 340,402,032 free warrants in Lion Industries Corporation Berhad ("LICB") ("Warrants") on the basis of 1 Warrant for every 2 existing ordinary shares held in LICB as at 5.00 p.m. on 8 December 2022
Shareholder's Approval Yes
Ex-Date 07 Dec 2022
Entitlement date 08 Dec 2022
Entitlement time 5:00 PM
Financial Year End 31 Dec 2022
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Securities Crediting Date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 08 Dec 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)

Securities Entitlement
Company Name
LION INDUSTRIES CORPORATION BERHAD
Entitlement
Warrants
Ratio (New : Existing) 1.0000 : 2.0000
Available/Listing Date 20 Dec 2022
Fractional Entitlement Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no SECRETARIAL COMMUNICATIONS SDN BHD
Level 13, Lion Office Tower,
No.1, Jalan Nagasari

50200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0321420155
Fax:0321428409


Remarks :
The Warrants will be credited into the entitled shareholders' central depository system account and a notice of allotment will be issued and despatched to the entitled shareholders at the address as per the Record of Depositors in due course. Entitled shareholders are not required to take any action. 

This announcement is dated 24 November 2022.


Announcement Info

Company Name LION INDUSTRIES CORPORATION BERHAD
Stock Name LIONIND
Date Announced 24 Nov 2022
Category Entitlement(Notice of Book Closure)
Reference Number ENT-24112022-00014
Corporate Action ID MY221124BONU0002