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MINHO-WC

Adjustment

MINHO (M) BERHAD

EX-date 14 Dec 2018
Entitlement date 18 Dec 2018
Entitlement time 05:00 PM
Entitlement subject Adjustment
Entitlement description Adjustment to the exercise price and number of outstanding warrants 2016/ 2021 in the Company constituted by the deed poll dated 15 July 2016 ("Deed Poll C") ("Warrants C") pursuant to the bonus issue of up to 181,254,150 new ordinary shares in the Company ("Bonus Share(s)") on the basis of 11 Bonus Shares for every 20 existing ordinary shares in the Company ("Bonus Issue"), held by the shareholders as at 5.00 p.m. on 18 December 2018 ("Entitlement Date") in accordance with the provisions of the Deed Poll C
Period of interest payment   to  
Financial Year End 31 Dec 2018
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 18 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 11 : 20
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The exercise price and the number of outstanding Warrants C will be adjusted in accordance with the provisions of the Deed Poll C, as a consequence of the Bonus Issue, and that the said adjustments will take effect from 19 December 2018, being the next market day immediately after the Entitlement Date. 

The additional Warrants C arising from the adjustment consequential to the Bonus Issue ("Additional Warrants C") will be allotted and issued to the entitled Warrant C holders of the Company whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date. The final number of Additional Warrants C to be issued and allotted will depend on the number of outstanding Warrants C which have yet to be exercised as at the Entitlement Date. The Additional Warrants C will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad simultaneously with the Bonus Shares on 19 December 2018, being the next market day immediately after the Entitlement Date.

The notice to Warrant C holders setting out the details of the adjustments and the notice of allotment of the Additional Warrants C will be despatched in due course.

Warrant C holders who wish to be entitled to the Bonus Issue should exercise their Warrants C by lodging their duly completed exercise forms together with the relevant subscription monies with the Company's Share Registrar on or before 5.00 p.m. on Monday, 10 December 2018 such that their names will appear on the Record of Depositors at 5.00 p.m. on the Entitlement Date.


This announcement is dated 4 December 2018.


Announcement Info

Company Name MINHO (M) BERHAD
Stock Name MINHO-WC
Date Announced 04 Dec 2018
Category Entitlement(Notice of Book Closure)
Reference Number ENT-04122018-00005