WMG
Others
TEKALA CORPORATION BERHAD |
EX-date | 13 Jul 2017 |
Entitlement date | 17 Jul 2017 |
Entitlement time | 05:00 PM |
Entitlement subject | Others |
Entitlement description | Exchange of the entire issued shares of Tekala Corporation Berhad comprising 139,975,300 ordinary shares ("Tekala Shares") (excluding 13,008,000 treasury shares) for 186,167,149 new ordinary shares in WMG Holdings Bhd. ("WMG Shares") on the basis of 133 new WMG Shares for every 100 existing Tekala Shares held ("Share Exchange") |
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: 03 - 2783 9299 Fax: 03 - 2783 9222 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 17 Jul 2017 |
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) | 186,167,149 |
Entitlement indicator | Ratio |
Ratio | 133 : 100 |
Rights Issue/Offer Price | |
Par Value (if applicable) |
Remarks : |
The shareholders of Tekala whose names appear in the Record of Depositors of Tekala at the close of business on Monday, 17 July 2017 ("Entitlement Date"), shall be entitled to participate in the Share Exchange. To facilitate the Share Exchange, the trading of Tekala Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will be suspended from 9.00 a.m. on Tuesday, 11 July 2017, being 3 clear market days prior to the Entitlement Date. Accordingly, the last day of trading of Tekala Shares on the Main Market of Bursa Securities shall be at 5.00 p.m. on Monday, 10 July 2017. The suspension of Tekala Shares will continue until the admission of WMG Shares to the Official List of Bursa Securities and the listing of and quotation for WMG Shares on the Main Market of Bursa Securities. A notice to the shareholders of Tekala in relation to the Entitlement Date for the Share Exchange will be despatched to the shareholders of Tekala on 4 July 2017. This announcement is dated 3 July 2017. |
Announcement Info
Company Name | TEKALA CORPORATION BERHAD |
Stock Name | TEKALA |
Date Announced | 03 Jul 2017 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-03072017-00002 |