GADANG
Bonus Issue
| GADANG HOLDINGS BHD |
| EX-date | 23 Nov 2016 |
| Entitlement date | 25 Nov 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of 129,311,689 new ordinary shares of RM0.50 each in Gadang Holdings Berhad ("Gadang") ("Bonus Share(s)") on the basis of one (1) Bonus Share for every four (4) existing ordinary shares of RM0.50 each held in Gadang ("Subdivided Share(s)") after the completion of the share split at 5.00 p.m. on 25 November 2016 ("Entitlement Date") ("Bonus Issue of Shares") |
| Period of interest payment | to |
| Financial Year End | 31 May 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: 03-27839299 Fax: 03-27839222 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 25 Nov 2016 |
| 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 | Malaysian Ringgit (MYR) 0.500 |
| Remarks : |
The Bonus Issue of Shares will be carried out concurrently with the share split exercise announced on even date. The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 28 November 2016 ("Listing Date"), being the next market day immediately after the Entitlement Date.
Gadangs Share Registrar will issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders of Gadang not later than four (4) market days after the Listing Date.
This announcement is dated 11 November 2016. |
Announcement Info
| Company Name | GADANG HOLDINGS BHD |
| Stock Name | GADANG |
| Date Announced | 11 Nov 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-11112016-00004 |