OMESTI
Dividend in specie
OMESTI BERHAD |
EX-date | 07 Sep 2015 |
Entitlement date | 09 Sep 2015 |
Entitlement time | 05:00 PM |
Entitlement subject | Dividend in specie |
Entitlement description | Distribution of up to 5,979,936 ordinary shares of RM0.10 each in Microlink Solutions Berhad ("Microlink Share(s)") by Omesti Holdings Berhad (formerly known as Formis Holdings Bhd) to Omesti Berhad ("Omesti") and thereafter to the shareholders of Omesti by way of dividend-in-specie on the basis of one (1) Microlink Share for every hundred (100) ordinary shares of RM0.50 each in Omesti held as at 5:00 p.m. on the Entitlement Date ("Dividend-In-Specie"). |
Period of interest payment | to |
Financial Year End | 31 Mar 2016 |
Share transfer book & register of members will be | 09 Sep 2015 to 09 Sep 2015 closed from (both dates inclusive) for the purpose of determining the entitlement |
Registrar or Service Provider name, address, telephone no | BINA MANAGEMENT (M) SDN BHD Lot 10, The Highway Centre Jalan 51/205 46050 Petaling Jaya Tel:03-77843922 Fax:03-77841988 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 09 Sep 2015 |
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 : 100 |
Rights Issue/Offer Price | |
Par Value | Please Select |
Remarks : |
Pursuant to the Dividend-In-Specie, the entitled shareholders of Omesti will receive one (1) Microlink Share for every hundred (100) Omesti Shares held as at 5.00 p.m. on the Entitlement Date. In determining shareholders' entitlements under the Dividend-In-Specie, fractional entitlements of Microlink Shares that may arise from the Dividend-In-Specie, if any, will be disregarded and shall be dealt with by the Board of Directors of Omesti in such manner as it deems fit, expedient and in the interest of Omesti. Subject to the approval of Bursa Malaysia Depository Sdn. Bhd. for the transfer of Microlink Shares under the Dividend-In-Specie by bulk transfer method, the Microlink Shares to be distributed under the Dividend-In-Specie will be credited into the entitled shareholders' central depository (CDS) accounts. Barring any unforeseen circumstances, Omesti intends to distribute the Microlink Shares pursuant to the terms of the Dividend-In-Specie within thirty (30) days from the Entitlement Date. |
Announcement Info
Company Name | OMESTI BERHAD |
Stock Name | OMESTI |
Date Announced | 24 Aug 2015 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-24082015-00019 |