News

New Issue of Securities (Chapter 6 Of Listing Requirements) : Bonus Issues

BackApr 10, 2019
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
PENTAMASTER CORPORATION BERHAD (PCB OR THE COMPANY)

PROPOSED BONUS ISSUE OF UP TO 158,292,712 NEW ORDINARY SHARES IN PENTAMASTER CORPORATION BERHAD (PCB SHARES) (BONUS SHARES) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING PCB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (PROPOSED BONUS ISSUE)

We refer to the announcement dated 2 April 2019 and 3 April 2019 in relation to the Proposed Bonus Issue. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

The Board of Directors of PCB is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 9 April 2019 approved the listing of and quotation for the Bonus Shares to be issued pursuant to the Proposed Bonus Issue, subject to the following conditions:

(i)   PCB must fully comply with the relevant provisions under the Main Market Listing Requirements (“Main Market LR”) pertaining to the implementation of the Proposed Bonus Issue;

(ii)  PCB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

(iii) PCB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed;

(iv) PCB is required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a) & (b) and 6.35(4) of the LR; and

(v)  PCB is required to ensure full compliance of all the requirements as provided under the Main Market LR at all times.

This announcement is dated 10 April 2019.





Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 10 Apr 2019
Category General Announcement for PLC
Reference Number GA1-10042019-00005