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 |