News

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED LISTING EXERCISE OF PENTAMASTER INTERNATIONAL LIMITED ("PIL"), A SUBSIDIARY OF PENTAMASTER CORPORATION BERHAD ("PCB"), COMPRISING THE FOLLOWING: (A) PROPOSED ESTABLISHMENT OF A SHARE AWARD SCHEME FOR THE ELIGIBLE EMPLOYEES OF PIL AND ITS SUBSIDIARIES ("PROPOSED SHARE AWARD SCHEME"); (B) PROPOSED LISTING OF PCB'S AUTOMATION SOLUTION BUSINESS ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED ("PROPOSED LISTING"); (C) PROPOSED DILUTION OF PCB'S EQUITY INTEREST IN PIL PURSUANT TO THE PROPOSED LISTING; (II) PROPOSED BONUS ISSUE OF 11,725,386 NEW ORDINARY SHARES IN PCB ("PCB SHARE(S)") ("BONUS SHARES") 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 (III) PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY 1 PCB SHARE HELD AFTER THE PROPOSED BONUS ISSUE INTO 2 PCB SHARES AND NOTICE OF EXTRAORDINARY GENERAL MEETING

BackOct 24, 2017
Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED LISTING EXERCISE OF PENTAMASTER INTERNATIONAL LIMITED ("PIL"), A SUBSIDIARY OF PENTAMASTER CORPORATION BERHAD ("PCB"), COMPRISING THE FOLLOWING: (A) PROPOSED ESTABLISHMENT OF A SHARE AWARD SCHEME FOR THE ELIGIBLE EMPLOYEES OF PIL AND ITS SUBSIDIARIES ("PROPOSED SHARE AWARD SCHEME"); (B) PROPOSED LISTING OF PCB'S AUTOMATION SOLUTION BUSINESS ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED ("PROPOSED LISTING"); (C) PROPOSED DILUTION OF PCB'S EQUITY INTEREST IN PIL PURSUANT TO THE PROPOSED LISTING; (II) PROPOSED BONUS ISSUE OF 11,725,386 NEW ORDINARY SHARES IN PCB ("PCB SHARE(S)") ("BONUS SHARES") 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 (III) PROPOSED SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY 1 PCB SHARE HELD AFTER THE PROPOSED BONUS ISSUE INTO 2 PCB SHARES AND NOTICE OF EXTRAORDINARY GENERAL MEETING

 

 

Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 24 Oct 2017
Category Document Submission
Reference Number DCS-24102017-00015

Attachments

  1. Pentamaster_-_Circular_(Final).pdf (Size: 2,351,580 bytes)