HIL
Bonus Issue
| HIL INDUSTRIES BERHAD |
| EX-date | 17 Oct 2017 |
| Entitlement date | 20 Oct 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus Issue of up to 55,742,828 new ordinary shares in Hil Industries Berhad ("HIL" or the "Company") ("HIL Share(s)" or "Share(s)") ("Bonus Share(s)") to be credited as fully paid-up, together with up to 55,742,828 free detachable warrants ("Warrant(s)"), on the basis of one (1) Bonus Share together with one (1) Warrant for every five (5) existing HIL Shares held as at 5.00 p.m. on 20 October 2017 ("Bonus Issue of Shares with Warrants") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2017 |
| 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 | 20 Oct 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) | |
| Entitlement indicator | Ratio |
| Ratio | 1 : 5 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
The Bonus Shares and Warrants will be credited into the entitled shareholder's central depository system account and notice of allotment will be issued and despatched to the address as per the Record of Depositors within eight (8) market days from the Entitlement Date. Entitled shareholders are not required to take any action. The Bonus Shares and Warrants will be quoted within two (2) market days after the submission of the application for quotation of the Bonus Shares and Warrants to Bursa Malaysia Securities Berhad. Arising from the migration to the no par value regime under the Companies Act, 2016, par value is no longer relevant. This announcement is dated 5 October 2017. |
Announcement Info
| Company Name | HIL INDUSTRIES BERHAD |
| Stock Name | HIL |
| Date Announced | 05 Oct 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-05102017-00002 |