KPOWER

Bonus Issue

KPOWER BERHAD

Entitlement subject Bonus Issue
Entitlement description
Issuance of up to 150,776,882 warrants in KPower Berhad (formerly known as Kumpulan Powernet Berhad) ("KPower" or the "Company") ("Warrant(s)") to the existing shareholders of KPower on the basis of 1 Warrant for every 3 existing ordinary shares held in KPower held as at 5.00 p.m. on 13 January 2021
Shareholder's Approval Yes
Ex-Date 12 Jan 2021
Entitlement date 13 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
Securities Crediting Date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 13 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)

Securities Entitlement
Company Name
KPOWER BERHAD
Entitlement
Warrants
Ratio (New : Existing) 1.0000 : 3.0000
Available/Listing Date 26 Jan 2021
Fractional 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

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The Warrants will be credited into the entitled warrantholders' central depository system account and a notice of allotment will be issued and despatched to the entitled shareholders at the address as per the Record of Depositors prior to the listing and quotation for the Warrants. Entitled warrantholders are not required to take any action. 

The notices of allotment will be issued and despatched to all the entitled warrantholders of KPower within 4 market days after the date of the listing and quotation for the Warrants on the Main Market of Bursa Malaysia Securities Berhad. Entitled warrantholders are not required to take any action.


This announcement is dated 29 December 2020.


Announcement Info

Company Name KPOWER BERHAD
Stock Name KPOWER
Date Announced 29 Dec 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-29122020-00003
Corporate Action ID MY201229BONU0001


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