KAREX
Bonus Issue
| KAREX BERHAD |
| EX-date | 15 Apr 2016 |
| Entitlement date | 19 Apr 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of 334,125,000 new ordinary shares of RM0.25 each in Karex Berhad ("Karex Shares") ("Bonus Shares") on the basis of one (1) Bonus Share for every two (2) existing Karex Shares held at 5.00 p.m. on 19 April 2016 |
| Period of interest payment | to |
| Financial Year End | 30 Jun 2016 |
| 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 | SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301Petaling Jaya Tel:0378490777 Fax:0378418151 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 19 Apr 2016 |
| 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 | 1 : 2 |
| Rights Issue/Offer Price | |
| Par Value | Malaysian Ringgit (MYR) 0.250 |
| Remarks : |
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 20 April 2016, being one (1) market day after the entitlement date.
Karex's Share Registrar will issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders not later than four (4) market days after the date of listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.
This announcement is dated 5 April 2016. |
Announcement Info
| Company Name | KAREX BERHAD |
| Stock Name | KAREX |
| Date Announced | 05 Apr 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-05042016-00003 |