MTRONIC

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


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