SYSTECH
Bonus Issue
| SYSTECH BHD |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 160,656,399 new warrants in Systech Bhd ("Systech") ("Warrants") on the basis of 1 Warrant for every 4 existing ordinary shares in Systech held as at 5.00 p.m. on 31 May 2024 ("Entitlement Date") ("Bonus Issue of Warrants") |
| Shareholder's Approval | Yes |
| Ex-Date | 30 May 2024 |
| Entitlement date | 31 May 2024 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Mar 2025 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Securities Crediting Date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 31 May 2024 |
| 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) |
160,656,399 |
| Entitlement indicator | Ratio |
| Par Value (if applicable) | |
| Securities Entitlement | |
| Company Name |
SYSTECH BHD |
| Entitlement |
Warrants |
| Ratio (New : Existing) | 1.0000 : 4.0000 |
| Available/Listing Date | 12 Jun 2024 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:0378904700 Fax:0378904670 |
| Remarks : |
The Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") 2 market days after the submission of the quotation application of the Warrants to Bursa Securities.
The notices of allotment for the Warrants will be issued and despatched to all entitled shareholders of Systech Bhd prior to the listing and quotation of the Warrants on the ACE Market of Bursa Securities.
This announcement is dated 15 May 2024. |
Announcement Info
| Company Name | SYSTECH BHD |
| Stock Name | SYSTECH |
| Date Announced | 15 May 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-15052024-00005 |
| Corporate Action ID | MY240515BONU0001 |