Tuesday, November 25, 2014

ENGTEX - Bonus Issue (1 : 2)

Company: ENGTEX GROUP BHD
Stock Name: ENGTEX
Amount/Ratio: 1 : 2
Announcement Date: 25/11/2014
Ex Date: 05/12/2014

Detail:

Company NameENGTEX GROUP BERHAD  
Stock Name ENGTEX  
Date Announced25 Nov 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoOD-141125-49781

EX-date05/12/2014
Entitlement date09/12/2014
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionBonus issue of up to 148,500,000 new ordinary shares of RM0.50 each in Engtex Group Berhad (“Engtex” or “Company”) (“Engtex Shares”) (“Bonus Shares”) on the basis of 1 Bonus Share for every 2 existing Engtex Shares held at 5.00 p.m. on 9 December 2014 (“Entitlement Date”) (“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 noMega Corporate Services Sdn Bhd
Level 15-2
Bangunan Faber Imperial Court
Jalan Sultan Ismail
50250 Kuala Lumpur
Tel: 03 - 2692 427
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers09/12/2014 
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) 
Entitlement indicatorRatio
Ratio 1 : 2
Rights Issues/Offer Price

Remarks :
The Bonus Issue entails an issuance of up to 148,500,000 Bonus Shares to be credited as fully paid-up on the basis of 1 Bonus Share for every 2 existing Engtex Shares held by the entitled shareholders on the Entitlement Date. The actual number of Bonus Shares to be issued pursuant to the Bonus Issue will depend on the issued and paid-up share capital of the Company as at the Entitlement Date.

The Bonus Shares shall be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 10 December 2014, being the next market day following the Entitlement Date.

The notice of allotment of the Bonus Shares will be issued and despatched to the entitled shareholders within 4 market days after the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.

For the holders of the warrants 2007/2017 of the Company (“Warrants 2007/2017”) to be entitled to the Bonus Shares, they must exercise their respective Warrants 2007/2017 and lodge their duly completed and signed exercise form together with the exercise monies with the share registrar of the Company, Mega Corporate Services Sdn Bhd, by 5.00 p.m. on 28 November 2014.

This announcement is dated 25 November 2014.

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