News
Notice of Bonus Entitlement
BONUS ISSUE OF UP TO 237,439,049 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 BY SHAREHOLDERS OF PCB WHOSE NAMES APPEAR ON THE RECORD OF DEPOSITORS AS AT 5.00 P.M. ON 5 AUGUST 2020
Kindly be advised of the following :
1) The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 4 Aug 2020
2) The last date of lodgment : 5 Aug 2020
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct <1/3>, of Selling Price against the Selling Client
b) Buying Broker to deduct <33.33%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <1/3>, of the Transacted Price is applicable.
Remarks 1: "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 5 August 2020 with bonus issue of PENTA shares, any shareholder who is entitled to receive PENTA bonus issue shares, may sell any or all of his PENTA shares arising from the bonus issue beginning the Ex-Date (4 August 2020).
For example, if Mr X purchases 200 PENTA shares on cum basis on 3 August 2020, Mr X should receive 200 shares on 5 August 2020. As a result of the bonus issue, a total of 300 PENTA shares will be credited into Mr X's CDS account on the night of 5 August 2020 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 300 on or after the Ex-Date ie from 4 August 2020 onwards."
Remarks 2: The date of the listing and quotation for the Bonus Shares shall be on 6 August 2020, being the next market day immediately after the Entitlement Date.
The notices of allotment for the Bonus Shares will be issued and despatched to the entitled shareholders at the address as per the Record of Depositors within 4 market days after the date of the listing and quotation of the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad.
Announcement Info
| Company Name | PENTAMASTER CORPORATION BERHAD |
| Stock Name | PENTA |
| Date Announced | 16 Jul 2020 |
| Category | Listing Circular |
| Reference Number | ILC-16072020-00025 |