SALCON
Bonus Issue
| SALCON BERHAD |
| EX-date | 12 Jul 2018 |
| Entitlement date | 16 Jul 2018 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 169,423,613 new ordinary shares in Salcon Berhad ("Salcon") ("Bonus Shares") on the basis of 1 Bonus Share for every 4 existing ordinary shares held in Salcon ("Bonus Issue") |
| Period of interest payment | to |
| Financial Year End | |
| 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 27839299 Fax: 03 27839222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 16 Jul 2018 |
| 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 : 4 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
Arising from the migration to the no par value regime under the Companies Act, 2016, par value is no longer relevant.
Any fractional entitlements that may arise from the Bonus Issue shall be disregarded and dealt with in such manner as the Board of Directors of Salcon shall in its absolute discretion deem fit or expedient and in the best interest of Salcon.
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 17 July 2018, being the next market day after the entitlement date for the Bonus Issue.
The notices of allotment of the Bonus Shares will be issued and despatched to the entitled shareholders of Salcon for the Bonus Issue within 4 market days after the date of the listing of and quotation for the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad.
This announcement is dated 2 July 2018. |
Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 02 Jul 2018 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-02072018-00001 |