Bonus Issue



Entitlement date04/11/2014
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionBonus issue of 78,257,295 new ordinary shares of RM1.00 each in SBC Corporation Berhad ("SBC") ("SBC Share(s)") ("Bonus Share(s)") on the basis of one (1) Bonus Share for every two (2) SBC Shares held as at 5.00 p.m. on 4 November 2014 ("Entitlement Date") ("Bonus 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 entitlements
Registrar's name ,address, telephone noTacs Corporate Services Sdn Bhd
Unit No. 203, 2nd Floor, Block C
Damansara Intan
No. 1, Jalan SS20/27
47400 Petaling Jaya
Selangor Darul Ehsan

Tel. No.: (603) 7118 2688
Fax. No.: (603) 7118 2693
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers04/11/2014 
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)78257295 
Entitlement indicatorRatio
Ratio 1 : 2
Rights Issues/Offer Price

Remarks :
The Bonus Issue will entail the issuance of 78,257,295 Bonus Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every two (2) SBC Shares held by the entitled shareholders of SBC on the Entitlement Date.

The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 5 November 2014, being the next market day immediately after the Entitlement Date.

On 30 September 2014, the shareholders of SBC have approved payment of 4.75% per SBC Share as the first and final single tier dividend in respect of the financial year ended 31 March 2014 at its Twenty-fourth (24th) Annual General Meeting ("Dividend"). The Dividend will be paid on 3 November 2014 to the shareholders of SBC whose names appear in the record of depositors of SBC as at 5.00 p.m. on 16 October 2014.

As the entitlement date for the Dividend was prior to the date of allotment and issuance of the Bonus Shares, the Bonus Shares shall not be entitled to the Dividend.

SBC's Share Registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders of SBC not later than four (4) market days after the date of the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.

This announcement is dated 20 October 2014.

Announcement Info

Stock Name SBCCORP    
Date Announced20 Oct 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-141020-42804

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