News

Multiple Proposals

BackSep 21, 2017
Type Announcement
Subject MULTIPLE PROPOSALS
Description

PENTAMASTER CORPORATION BERHAD ("PCB" OR THE "COMPANY") (I) PROPOSED BONUS ISSUE OF 11,725,386 NEW ORDINARY SHARES IN PCB ("PCB SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 2 BONUS SHARES FOR EVERY 25 EXISTING PCB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE"); AND (II) PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY 1 PCB SHARE HELD AFTER THE PROPOSED BONUS ISSUE INTO 2 ORDINARY SHARES IN PCB. (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of PCB, Affin Hwang Investment Bank Berhad is pleased to announce that the Company proposes to undertake the Proposals.

Further details of the Proposals are set out in the attachment.

 

This announcement is dated 21 September 2017.

 


Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 21 Sep 2017
Category General Announcement for PLC
Reference Number GA1-21092017-00083

Attachments

  1. PCB_-_BI_and_SS_(21.09.2017).pdf (Size: 241,256 bytes)