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 |