Share Consolidation


Entitlement subject Share Consolidation
Entitlement description
Consolidation of every 2 existing ordinary shares in Eduspec Holdings Berhad ("Eduspec" or the "Company") ("Eduspec Shares") into 1 Eduspec Share ("Consolidated Share") ("Share Consolidation")
Ex-Date 25 Aug 2020
Entitlement date 26 Aug 2020
Entitlement time 5:00 PM
Financial Year End 28 Feb 2021
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 26 Aug 2020
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
EDUSPEC HOLDINGS BERHAD 1.0000 : 2.0000 27 Aug 2020 Round Down / Fraction Disregard

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

Wilayah Persekutuan



Remarks :
The Share Consolidation involves the consolidation of every 2 existing Eduspec Shares into 1 Consolidated Share as at 5.00 p.m. on 26 August 2020, 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 Eduspec on the entitlement date, after taking into consideration any new Eduspec Shares that may be issued pursuant to the exercise and/or conversion of any outstanding convertible securities.

Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and/or dealt with by the Board of Directors of the Company ("Board") in such manner at its absolute discretion as it may deem fit and expedient or in the best interests of the Company.

The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 27 August 2020, being the next market day after 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 listing of and quotation for the Consolidated Shares on the ACE Market of Bursa Securities.

This announcement is dated 11 August 2020.

Announcement Info

Stock Name EDUSPEC
Date Announced 11 Aug 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-11082020-00009
Corporate Action ID MY200811SPLR0001

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