RL
Bonus Issue
| RESERVOIR LINK ENERGY BHD |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 71,250,000 free warrants ("Warrant(s)") on the basis of 1 Warrant for every 4 existing ordinary shares in RLEB ("RLEB Share(s)") or "Share(s)") held on 26 April 2021 ('Warrants Entitlement Date")("Bonus Issue of Warrants") |
| Shareholder's Approval | Yes |
| Ex-Date | 23 Apr 2021 |
| Entitlement date | 26 Apr 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 |
| Securities Crediting Date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 26 Apr 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) |
71,250,000 |
| Entitlement indicator | Ratio |
| Par Value (if applicable) | |
| Securities Entitlement | |
| Company Name |
RESERVOIR LINK ENERGY BHD |
| Entitlement |
Warrants |
| Ratio (New : Existing) | 1.0000 : 4.0000 |
| Available/Listing Date | 05 May 2021 |
| 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 an issuance of 71,250,000 Warrants on the basis of 1 Warrant for every 4 existing RLEB Shares held by the entitled shareholders.
The Warrants will be credited into the central depository system accounts of the entitled shareholders and notices of allotment will be issued and despatched to their address as stated in the Record of Depositors of RLEB prior to the date of listing and quotation of the Warrants.
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 for the Warrants to Bursa Securities.
This announcement is dated 9 April 2021. |
Announcement Info
| Company Name | RESERVOIR LINK ENERGY BHD |
| Stock Name | RL |
| Date Announced | 09 Apr 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-09042021-00001 |
| Corporate Action ID | MY210409BONU0001 |