Wednesday, January 14, 2015

TEOSENG - Bonus Issue (1 : 4)

Company: TEO SENG CAPITAL BHD
Stock Name: TEOSENG
Amount/Ratio: 1 : 4
Announcement Date: 14/01/2015
Ex Date: 26/01/2015

Detail:

Company NameTEO SENG CAPITAL BERHAD  
Stock Name TEOSENG  
Date Announced14 Jan 2015  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-141222-36448

EX-date26/01/2015
Entitlement date28/01/2015
Entitlement time05:00:00 PM
Entitlement subjectBonus Issue
Entitlement descriptionBonus issue of up to 50,000,000 warrants ("Warrants") on the basis of one (1) Warrant for every four (4) existing ordinary shares of RM0.20 each in Teo Seng Capital Berhad held at 5.00 p.m. on 28 January 2015 ("Entitlement Date").
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 noTricor Investor Services Sdn. Bhd.
Level 17, The Gardens North Tower, Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel no.: 03-2264 3883
Fax no.: 03-2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers28/01/2015 
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 : 4
Rights Issues/Offer Price

Remarks :
The Warrants will be credited into the entitled shareholder's central depository system account and notice of allotment will be issued and despatched to the address as per the Record of Depositors within five (5) clear market days from the Entitlement Date.

The Warrants will be quoted within two (2) market days after the submission of the application for quotation of the Warrants to Bursa Malaysia Securities Berhad.

This announcement is dated 14 January 2015.

1 comment:

  1. Dear, I'm the existing share holder of teoseng, quite a newbie investor here, have no idea on this warrant matters, what should i do with this announcement? what's the benefit we get with this announcement? thanks in advance

    ReplyDelete