AEM

0.130

+0.005 (+4%)

Share Consolidation

AE MULTI HOLDINGS BERHAD

Entitlement subject Share Consolidation
Entitlement description
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN AE MULTI HOLDINGS BERHAD ("AEM" OR THE "COMPANY") ("AEM SHARES" OR "SHARES") INTO 1 AEM SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 20 Feb 2024
Entitlement date 21 Feb 2024
Entitlement time 5:00 PM
Financial Year End 31 Mar 2024
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 21 Feb 2024
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
AE MULTI HOLDINGS BERHAD 1.0000 : 10.0000 22 Feb 2024 Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no WORKSHIRE SHARE REGISTRATION SDN BHD
A3-3-8, Solaris Dutamas
No. 1, Jalan Dutamas 1

50480 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0364133271
Fax:0364133270


Remarks :
The Share Consolidation involves the consolidation of every 10 existing Shares held as at 5.00 p.m. on 21 February 2024, being the entitlement date for the Share Consolidation, into 1 Consolidated Share. 

The actual number of Consolidated Shares will be determined based on the total number of issued shares of the Company on the entitlement date for the Share Consolidation.

Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and dealt with by the Board of Directors of the Company in such manner at its absolute discretion 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 22 February 2024, 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 of the Company within 4 market days after the date of listing and quotation of the Consolidated Shares on the Main Market of Bursa Securities.

The Share Consolidation will result in a reduction in the number of Shares available in the market and the trading price of the Shares will be adjusted accordingly in proportion to the basis of the Share Consolidation. The shareholders of the Company are strongly advised to trade cautiously to prevent overselling of their position in respect of the Shares held.


This announcement is dated 2 February 2024.


Announcement Info

Company Name AE MULTI HOLDINGS BERHAD
Stock Name AEM
Date Announced 02 Feb 2024
Category Entitlement(Notice of Book Closure)
Reference Number ENT-31012024-00005
Corporate Action ID MY240131SPLR0001