SINARAN
Bonus Issue
| SINARAN ADVANCE GROUP BERHAD |
| Entitlement subject | Bonus Issue |
| Entitlement description | BONUS ISSUE OF UP TO 457,480,741 FREE WARRANTS OF SINARAN ADVANCE GROUP BERHAD ("SAG")("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN SAG HELD AS AT 5.00 P.M. ON 6 APRIL 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE OF WARRANTS") |
| Shareholder's Approval | No |
| Ex-Date | 05 Apr 2022 |
| Entitlement date | 06 Apr 2022 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Dec 2022 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Securities Crediting Date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 06 Apr 2022 |
| 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) |
457,480,741 |
| Entitlement indicator | Ratio |
| Par Value (if applicable) | Malaysian Ringgit (MYR) 0.0000 |
| Securities Entitlement | |
| Company Name |
SINARAN ADVANCE GROUP BERHAD |
| Entitlement |
Warrants |
| Ratio (New : Existing) | 1.0000 : 2.0000 |
| Available/Listing Date | |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
| Remarks : |
The Warrants will be credited into the entitled warrantholders' central depository system account and notices of allotment will be issued and despatched to the entitled warrantholders at the address as per the Record of Depositors of the Company prior to the listing and quotation of the Warrants. Entitled warrantholders are not required to take any action.
The Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within 2 market days after the submission of the quotation application to Bursa Securities.
The announcement is dated 21 March 2022. |
Announcement Info
| Company Name | SINARAN ADVANCE GROUP BERHAD |
| Stock Name | SINARAN |
| Date Announced | 21 Mar 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-21032022-00002 |
| Corporate Action ID | MY220321BONU0001 |