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For example, if Mr X purchases 100 SCIENTX shares on cum basis on 12 January 2021, Mr X should receive 100 shares on 14 January 2021. As a result of the bonus issue, a total of 300 SCIENTX shares will be credited into Mr X's CDS account on the night of 14 January 2021 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 300 on or after the Ex-Date ie from 13 January 2021 onwards."
