Tuesday, August 26, 2014

KANGER - Bonus Issue (1 : 5)

Company: KANGER INTERNATIONAL BERHAD
Stock Name: KANGER
Amount/Ratio: 1 : 5
Announcement Date: 26/08/2014
Ex Date: 09/09/2014

Detail:
Company NameKANGER INTERNATIONAL BERHAD (ACE Market) 
Stock Name KANGER  
Date Announced26 Aug 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-140826-63807

EX-date09/09/2014
Entitlement date11/09/2014
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionBonus issue of 86,000,000 new ordinary shares of RM1.00 each in Kanger International Berhad ("Kanger Shares") ("Bonus Shares") to be credited as fully paid-up on the basis of one (1) Bonus Share for every five (5) existing Kanger Shares held ("Bonus Issue")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noShareworks Sdn Bhd
2-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Wilayah Persekutuan (KL)

Tel: 03-6201 1120
Fax: 03-6201 3121 / 5959
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers11/09/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)86000000 
Entitlement indicatorRatio
Ratio 1 : 5
Rights Issues/Offer Price

Remarks :
(Unless otherwise stated, the defined terms used in this announcement shall carry the same meaning as those defined in the circular to shareholders of Kanger International Berhad dated 25 July 2014 in relation to the Proposals)

The Bonus Issue entails the issuance of 86,000,000 Bonus Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every five (5) Kanger Shares held by the Entitled Shareholders as at 5:00 p.m. on 11 September 2014 ("Entitlement Date").

Fractional entitlements of the Bonus Shares, if any, will be disregarded and shall be dealt with in such manner as the Board in its absolute discretion deems fit, expedient and in the best interests of the Company.

In accordance with the Listing Requirements, the listing of and quotation for the Bonus Shares on the ACE Market of Bursa Securities shall take place on 12 September 2014, being the market day immediately following the Entitlement Date.

This announcement is dated 26 August 2014.

Stock:

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