MQTECH
Share consolidate
| MQ TECHNOLOGY BERHAD |
| EX-date | 08 Sep 2016 |
| Entitlement date | 13 Sep 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Share consolidate |
| Entitlement description | SHARE CONSOLIDATION OF EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.05 EACH INTO ONE (1) NEW ORDINARY SHARE OF RM0.10 EACH IN MQ TECHNOLOGY BERHAD ("MQ") ("CONSOLIDATED SHARE") AT 5.00 P.M. ON 13 SEPTEMBER 2016 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2016 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Tel. no. : 03-2783 9299 Fax no. : 03-2783 9222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 13 Sep 2016 |
| 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 |
| Ratio | 1 : 2 |
| Rights Issue/Offer Price | |
| Par Value | Malaysian Ringgit (MYR) 0.050 |
| Remarks : |
The Share Consolidation entails the consolidation of every two (2) existing ordinary shares of RM0.05 each into one (1) Consolidated Share at 5.00 p.m. on the Entitlement Date. The actual number of Consolidated Shares to be issued would depend on the issued and paid-up share capital of MQ on the Entitlement Date.
The date of listing of and quotation for the Consolidated Shares on the ACE Market of Bursa Malaysia Securities Berhad will be 14 September 2016 ("Listing Date"), being the next market day following the Entitlement Date.
The Consolidated Shares will be credited into the entitled shareholders' Central Depository System accounts and a notice of allotment will be issued and despatched to every entitled shareholder at the address set out in the Record of Depositors, within four (4) market days after the Listing Date.
This announcement is dated 26 August 2016. |
Announcement Info
| Company Name | MQ TECHNOLOGY BERHAD |
| Stock Name | MQTECH |
| Date Announced | 26 Aug 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-26082016-00009 |