TRIVE
Share Consolidation
| TRIVE PROPERTY GROUP BERHAD |
| Entitlement subject | Share Consolidation |
| Entitlement description | CONSOLIDATION OF EVERY 25 EXISTING ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 DECEMBER 2020 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") |
| Ex-Date | 22 Dec 2020 |
| Entitlement date | 23 Dec 2020 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Jul 2021 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 23 Dec 2020 |
| 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 indicator | Ratio |
| Par Value (if applicable) | |
Entitlement Details
| Company Name | Ratio (New : Existing) |
Available/Listing Date | Fractional Entitlement |
| TRIVE PROPERTY GROUP BERHAD | 1.0000 : 25.0000 |
| Registrar or Service Provider name, address, telephone no |
SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320849000 Fax:0320949940 |
| Remarks : |
The Share Consolidation involves the consolidation of every 25 existing Shares into 1 Consolidated Share as at 5.00 p.m. on 23 December 2020, being the entitlement date for the Share Consolidation.
The actual number of Consolidated Shares to be issued would depend on the issued share capital of the Company on the entitlement date for the Share Consolidation. Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and dealt with by the Board of Directors of the Company at its absolute discretion in such manner as it may deem fit or expedient and in the best interest of the Company.
The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 24 December 2020, being the next market day following the entitlement date for the Share Consolidation. The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders within 4 market days after the date of listing and quotation of the Consolidated Shares on the Main Market of Bursa Securities.
This announcement is dated 9 December 2020. |
Announcement Info
| Company Name | TRIVE PROPERTY GROUP BERHAD |
| Stock Name | TRIVE |
| Date Announced | 09 Dec 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-09122020-00001 |
| Corporate Action ID | MY201209SPLR0001 |