FINTEC
Share Consolidation
| ASIA BIOENERGY TECHNOLOGIES BERHAD |
| EX-date | 01 Jun 2017 |
| Entitlement date | 05 Jun 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Share Consolidation |
| Entitlement description | BOOKS CLOSURE DATE FOR THE CONSOLIDATION OF EVERY 3 ORDINARY SHARES IN ASIA BIOENERGY TECHNOLOGIES BERHAD ("ABT" OR THE "COMPANY") ("SHARES") INTO 1 SHARE ("CONSOLIDATED SHARE") AT 5.00 P.M. ON 5 JUNE 2017 ("SHARE CONSOLIDATION") ("BOOKS CLOSURE DATE") |
| Period of interest payment | to |
| Financial Year End | 31 Mar 2018 |
| 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:03-27839299 Fax:03-27839222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 05 Jun 2017 |
| 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 | 3 : 1 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
The actual number of Consolidated Shares to be issued would depend on the issued share capital of ABT on the Books Closure 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 ("Bursa Securities") on 6 June 2017, being the next market day following the Books Closure Date.
The notice of allotment for the Share Consolidation will be despatched to the entitled shareholders not later than 4 market days after the date of listing and quotation of the Consolidated Shares on Bursa Securities.
This announcement is dated 22 May 2017. |
Announcement Info
| Company Name | ASIA BIOENERGY TECHNOLOGIES BERHAD |
| Stock Name | ASIABIO |
| Date Announced | 22 May 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-19052017-00002 |