MAXIM
Bonus Issue
| TADMAX RESOURCES BERHAD |
| EX-date | 07 Jun 2016 |
| Entitlement date | 09 Jun 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | BONUS ISSUE OF 44,475,744 NEW ORDINARY SHARES OF RM0.50 EACH ("SHARES") ("BONUS SHARES") TO BE CREDITED AS FULLY PAID UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TEN (10) EXISTING SHARES HELD IN TADMAX RESOURCES BERHAD AT 5.00 P.M. ON 9 JUNE 2016 |
| 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 | SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel:0362011120 Fax:0362013121 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 09 Jun 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) | 44,475,744 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 10 |
| Rights Issue/Offer Price | |
| Par Value | Malaysian Ringgit (MYR) 0.500 |
| Remarks : |
We refer to the announcement made on 27 April 2016 in relation to the Proposed Bonus Issue (Announcement). For consistency purposes, the defined terms used in this announcement are the same as those previously defined in the Announcement, unless otherwise defined herein.
The Bonus Issue entails the issuance of 44,475,744 Bonus Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every ten (10) existing Tadmax Shares held by the entitled shareholders as at 5:00 p.m. on 9 June 2016 ("Entitlement Date").
Fractional entitlements of the Bonus Shares, if any, will be disregarded and shall be dealt with in such manner as the Board in its absolute discretion deems fit and in the best interests of the Company.
In accordance with the Main Market Listing Requirements of Bursa Securities, the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities shall take place on 10 June 2016, being the market day immediately following the Entitlement Date.
This announcement is dated 25 May 2016. |
Announcement Info
| Company Name | TADMAX RESOURCES BERHAD |
| Stock Name | TADMAX |
| Date Announced | 25 May 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-25052016-00008 |