SUNZEN
Bonus Issue
| SUNZEN BIOTECH BERHAD |
| Entitlement subject | Bonus Issue |
| Entitlement description | SUNZEN BIOTECH BERHAD ("SUNZEN" OR THE "COMPANY")
BONUS ISSUE OF UP TO 408,821,729 WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING SUNZEN SHARES HELD AS AT 5.00 P.M. ON 8 SEPTEMBER 2022 ("BONUS ISSUE OF WARRANTS") |
| Shareholder's Approval | Yes |
| Ex-Date | 07 Sep 2022 |
| Entitlement date | 08 Sep 2022 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Dec 2022 |
| 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 | 08 Sep 2022 |
| 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) | Malaysian Ringgit (MYR) 0.0000 |
| Securities Entitlement | |
| Company Name |
SUNZEN BIOTECH BERHAD |
| Entitlement |
Warrants |
| Ratio (New : Existing) | 1.0000 : 2.0000 |
| Available/Listing Date | 21 Sep 2022 |
| 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 (Jalan Semangat) Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:0378904700 Fax:0378904670 |
| Remarks : |
The Bonus Issue of Warrants will entail the issuance of up to 408,821,729 Warrants to be credited as fully paid-up on the basis of 1 Warrant for every 2 existing Sunzen Shares held by the entitled shareholders.
The Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 21 September 2022, being 2 market days after the submission of the quotation application for Warrants to Bursa Securities.
The notices of allotment for the Warrants will be issued and despatched to all entitled shareholders not later than 4 market days after the date of the listing and quotation of the Warrants on the ACE Market of Bursa Securities.
This announcement is dated 24 August 2022. |
Announcement Info
| Company Name | SUNZEN BIOTECH BERHAD |
| Stock Name | SUNZEN |
| Date Announced | 24 Aug 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-24082022-00013 |
| Corporate Action ID | MY220824BONU0002 |