ECOWLD

Bonus Issue

ECO WORLD DEVELOPMENT GROUP BERHAD

Entitlement subject Bonus Issue
Entitlement description
Bonus issue of 588,873,876 warrants ("New Warrants") on the basis of one New Warrant for every five existing ordinary shares in Eco World Development Group Berhad held by the Entitled Shareholders as at 5.00 p.m. on 11 April 2022 ("Entitlement Date") ("Bonus Issue of Warrants").
Shareholder's Approval Yes
Ex-Date 08 Apr 2022
Entitlement date 11 Apr 2022
Entitlement time 5:00 PM
Financial Year End 31 Oct 2022
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 11 Apr 2022
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)
588,873,876
Entitlement indicator Ratio
Par Value (if applicable)

Securities Entitlement
Company Name
ECO WORLD DEVELOPMENT GROUP BERHAD
Entitlement
Warrants
Ratio (New : Existing) 1.0000 : 5.0000
Available/Listing Date 18 Apr 2022
Fractional Entitlement Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no SECURITIES SERVICES (HOLDINGS) SDN BHD
Level 7, Menara Milenium
Jalan Damanlela, Pusat Bandar Damansara

Damansara Heights

50490 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0320849000
Fax:0320949940


Remarks :
(Unless otherwise stated, the terms used herein shall have the same meaning as defined in the circular to shareholders dated 23 February 2022 in relation to the Bonus Issue of Warrants).

The New Warrants will be listed and quoted on the Main Market of Bursa Securities two market days upon the receipt of an application for quotation by Bursa Securities. The notices of allotment will be issued and despatched to the Entitled Shareholders at the address as per the Record of Depositors of EcoWorld Malaysia in due course. Entitled Shareholders are not required to take any action.

This announcement is dated 25 March 2022.


Announcement Info

Company Name ECO WORLD DEVELOPMENT GROUP BERHAD
Stock Name ECOWLD
Date Announced 25 Mar 2022
Category Entitlement(Notice of Book Closure)
Reference Number ENT-24032022-00009
Corporate Action ID MY220324BONU0002


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