KPOWER

Subdivision

KPOWER BERHAD

Entitlement subject Subdivision
Entitlement description
Subdivision of every 1 existing ordinary share in KPower Berhad (formerly known as Kumpulan Powernet Berhad) ("KPower" or the "Company") ("KPower Share(s)" or "Share(s)") held at 5.00 p.m. on 12 January 2021 ("Entitlement Date") into 4 KPower Shares ("Subdivided Shares") ("Share Split")
Ex-Date 11 Jan 2021
Entitlement date 12 Jan 2021
Entitlement time 5:00 PM
Financial Year End 30 Jun 2021
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 12 Jan 2021
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
Par Value (if applicable)

Entitlement Details

Company Name Ratio
(New : Existing)
Available/Listing Date Fractional Entitlement
KPOWER BERHAD 4.0000 : 1.0000 13 Jan 2021

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

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The actual number of Subdivided Shares to be issued would depend on the total number of issued Shares on the Entitlement Date.

Fractional entitlements for the Subdivided Shares arising from the Share Split, if any, shall be disregarded and/or dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit or expedient and in the best interest of the Company.

The Subdivided Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 13 January 2021, being the next market day following the Entitlement Date.

The notices of allotment for the Subdivided Shares will be despatched to the entitled shareholders not later than 4 market days after the date of listing and quotation of the Subdivided Shares on Bursa Securities.


This announcement is dated 28 December 2020.


Announcement Info

Company Name KPOWER BERHAD
Stock Name KPOWER
Date Announced 28 Dec 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-28122020-00001
Corporate Action ID MY201228SPLF0001


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