KAREX
Bonus Issue
| KAREX BERHAD |
|
EX-date | 16/04/2015 |
| Entitlement date | 20/04/2015 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of 222,750,000 new ordinary shares of RM0.25 each in Karex Berhad (“Karex”) (“Karex Shares”) (“Bonus Shares”) to be credited as fully paid-up on the basis of 1 Bonus Share for every 2 Karex Shares held by the shareholders of Karex as at 5.00 p.m. on 20 April 2015 (“Entitlement Date”) (“Entitled Shareholders”) (“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 no | Symphony Share Registrars Sdn Bhd Level 6 Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Tel. no.: +603 7841 8000 Fax no.: +603 7841 8152 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 20/04/2015 |
| 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) | 222750000 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issues/Offer Price | |
| Remarks : |
| The Bonus Issue will entail the issuance of 222,750,000 Bonus Shares, to be credited as fully paid-up, on the basis of 1 Bonus Share for every 2 existing Karex Shares held by the Entitled Shareholders. The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 21 April 2015, being 1 market day after the Entitlement Date. Karex’s Share Registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the Entitled Shareholders not later than 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 6 April 2015. |
Announcement Info
| Company Name | KAREX BERHAD |
| Stock Name | KAREX |
| Date Announced | 6 Apr 2015 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-150406-54042 |