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KSTAR

Others

K-STAR SPORTS LIMITED

EX-date 04 Apr 2018
Entitlement date 06 Apr 2018
Entitlement time 05:00 PM
Entitlement subject Others
Entitlement description Issuance of 152,380,800 free warrants ("Warrants") on the basis of 2 Warrants for every 5 existing ordinary shares in K-Star Sports Limited ("K-Star") held on 5:00 p.m. on 6 April 2018 ("Free Warrants Issue")
Period of interest payment   to  
Financial Year End
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 SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Tel: 03-2084 9000 Fax: 03-2094 9940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 06 Apr 2018
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 2 : 5
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The Warrants will be quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within 2 market days after an application for the quotation of Warrants is submitted to Bursa Securities.

The Warrants will be credited into the entitled shareholders' central depository system account and notices of allotment will be issued and despatched to the entitled shareholders at the address as per the Record of Depositors within 4 market days after the listing of and quotation for the Warrants. Entitled shareholders are not required to take any action.

Any fractional entitlements arising from the Free Warrants Issue, if any, will be disregarded and shall be dealt with in such manner as the Board of Directors of K-Star in its absolute discretion deems fit, expedient and in the best interest of K-Star.

This announcement is dated 23 March 2018.


Announcement Info

Company Name K-STAR SPORTS LIMITED
Stock Name KSTAR
Date Announced 23 Mar 2018
Category Entitlement(Notice of Book Closure)
Reference Number ENT-23032018-00004