AVALAND

Others

GW PLASTICS HOLDINGS BERHAD

EX-date

09/03/2015
Entitlement date11/03/2015
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionConsolidation of the existing issued and paid-up share capital of GW Plastics Holdings Berhad comprising 235,625,000 ordinary shares of RM0.01 each into 2,356,250 ordinary shares of RM1.00 each (“New Shares”) on the basis of the consolidation of every 100 ordinary shares of RM0.01 each into one New Share
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 entitlements
Registrar's name ,address, telephone noTricor Investor & Issuing House Services Sdn Bhd
(formerly known as Equiniti Services Sdn Bhd)
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur

Tel. No.: (603) 22643883
Fax. No.: (603) 22821886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers11/03/2015 
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 indicatorRatio
Ratio 100 : 1
Rights Issues/Offer Price

Remarks :
Unless otherwise stated, definitions used in this announcement shall carry the same meaning as those defined in the circular to shareholders dated 22 December 2014.

In determining the entitlement of the shareholders to the New Shares upon completion of the Proposed Consolidation, fractional entitlements shall be disregarded and shall be dealt with in such manner as the Board in its absolute discretion shall deem fit and expedient and in the best interest of the Company.

For the information of shareholders, the trading of the shares of GW Plastics on the Main Market of Bursa Securities, which has been suspended three clear Market Days prior to 29 January 2014, being the entitlement date in relation to the Distribution, will remain suspended up to the completion of the Proposed Regularisation Plan.

In view of the above, the suspension of trading of the shares of GW Plastics specifically in relation to the Proposed Consolidation will not be required as the trading of the shares of GW Plastics has already been suspended prior to the Proposed Consolidation pursuant to the Distribution.

This announcement is dated 25 February 2015.


Announcement Info

Company NameGW PLASTICS HOLDINGS BERHAD  
Stock Name GWPLAST    
Date Announced25 Feb 2015  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-150225-55271


View original