Stock Name: KAREX
Amount/Ratio: 1 : 2
Announcement Date: 06/04/2015
Ex Date: 16/04/2015
|Company Name||KAREX BERHAD|
|Date Announced||6 Apr 2015|
|Category||Entitlements (Notice of Book Closure)|
|The Bonus Issue will entail the issuance of 222,750,000 Bonus Shares, to be credited as fully paid-up, on the basis of 1 Bonus Share for every 2 existing Karex Shares held by the Entitled Shareholders.|
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 21 April 2015, being 1 market day after the Entitlement Date.
Karex’s Share Registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the Entitled Shareholders not later than 4 market days after the date of listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.
This announcement is dated 6 April 2015.