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SANICHI

Share consolidate

SANICHI TECHNOLOGY BERHAD

EX-date 17 May 2016
Entitlement date 19 May 2016
Entitlement time 05:00 PM
Entitlement subject Share consolidate
Entitlement description ENTITLEMENT DATE FOR THE CONSOLIDATION OF EVERY FOUR (4) ORDINARY SHARES OF RM0.025 EACH IN SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") INTO ONE (1) ORDINARY SHARE OF RM0.10 EACH ("CONSOLIDATED SHARES") AT 5.00 P.M. ON 19 MAY 2016 ("SHARE CONSOLIDATION") ("SHARE CONSOLIDATION ENTITLEMENT DATE")
Period of interest payment   to  
Financial Year End 30 Jun 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 ShareWorks Sdn Bhd No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel : +603 - 6201 1120 Fax : +603 - 6201 3121
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 19 May 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 4 : 1
Rights Issue/Offer Price
Par Value Malaysian Ringgit (MYR) 0.025


Remarks :
The actual number of Consolidated Shares to be issued would depend on the issued and paid-up share capital of Sanichi on the Share Consolidation Entitlement Date. The fractional entitlements arising from the Share Consolidation, if any, will be disregarded and/or shall be dealt with by the Board of Directors of the Company ("Board") in such manner as the Board in its absolute discretion deems fit and expedient or in the best interest of the Company.

The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 20 May 2016, being the next market day following the Share Consolidation Entitlement Date. The notice of allotment for the Share Consolidation will be despatched to the entitled shareholders by 25 May 2016. 

This announcement is dated 4 May 2016.


Announcement Info

Company Name SANICHI TECHNOLOGY BERHAD
Stock Name SANICHI
Date Announced 04 May 2016
Category Entitlement(Notice of Book Closure)
Reference Number ENT-04052016-00005