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 |