PTRANS

Share Consolidation

PERAK TRANSIT BERHAD

Entitlement subject Share Consolidation
Entitlement description
CONSOLIDATION OF EVERY 3 EXISTING ORDINARY SHARES IN PERAK TRANSIT BERHAD ("PTRANS" OR "COMPANY") ("PTRANS SHARE(S)" OR "SHARE(S)") HELD AS AT 5.00 P.M. ON 15 JANUARY 2021 ("ENTITLEMENT DATE") INTO 1 PTRANS SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")
Ex-Date 14 Jan 2021
Entitlement date 15 Jan 2021
Entitlement time 5:00 PM
Financial Year End 31 Dec 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 15 Jan 2021
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
PERAK TRANSIT BERHAD 1.0000 : 3.0000 18 Jan 2021 Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The Share Consolidation entails the consolidation of 3 PTRANS Shares held on the Entitlement Date into 1 Consolidated Share.  

The actual number of Consolidated Shares and consolidated treasury shares after the Share Consolidation would depend on the total number of issued PTRANS Shares and total number of treasury shares held by PTRANS on the Entitlement Date. Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and/or dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit or expedient and in the best interests of the Company.

The date of listing of and quotation for the Consolidated Shares on the Main Market of Bursa Malaysia Securities Berhad will be on 18 January 2021 ("Listing Date"), being the next market day following the Entitlement Date.

A notice of allotment will be issued and despatched to the entitled shareholders for the Share Consolidation at the addresses set out in the Record of Depositors of the Company within 4 market days after the Listing Date.

This announcement is dated 31 December 2020.


Announcement Info

Company Name PERAK TRANSIT BERHAD
Stock Name PTRANS
Date Announced 31 Dec 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-28122020-00002
Corporate Action ID MY201228SPLR0001


View original