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GLOTEC

Share Consolidation

GLOBALTEC FORMATION BERHAD

EX-date 12 Dec 2018
Entitlement date 14 Dec 2018
Entitlement time 05:00 PM
Entitlement subject Share Consolidation
Entitlement description Consolidation of every 20 ordinary shares in Globaltec Formation Berhad ("Globaltec") ("Globaltec Shares") into 1 ordinary share in Globaltec ("Consolidated Share") ("Share Consolidation")
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 Tricor Investor & Issuing House Services Sdn Bhd Unit 32-01, Level 32, Tower A, Vertical Business Suite Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Tel: +6(03) 2783 9299 Fax: +6(03) 2783 9222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 14 Dec 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 20 : 1
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The Share Consolidation entails the consolidation of every 20 existing Globaltec Shares into 1 Consolidated Share as at 5.00 p.m. on 14 December 2018, being the entitlement date for the Share Consolidation. 

Any fractional entitlements arising from the Share Consolidation shall be disregarded.

The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 17 December 2018, being the next market day after the entitlement date for the Share Consolidation.

The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders for the Share Consolidation within 4 market days after the listing of and quotation for the Consolidated Shares on the Main Market of Bursa Malaysia Securities Berhad.

This announcement is dated 30 November 2018.


Announcement Info

Company Name GLOBALTEC FORMATION BERHAD
Stock Name GLOTEC
Date Announced 30 Nov 2018
Category Entitlement(Notice of Book Closure)
Reference Number ENT-19112018-00006