SCOMIES
Share Consolidation
| SCOMI ENERGY SERVICES BHD |
| Entitlement subject | Share Consolidation |
| Entitlement description | Consolidation of every 5 existing ordinary shares in Scomi Energy Services Bhd ("SESB") into 1 ordinary share ("Share Consolidation") |
| Ex-Date | 27 Feb 2020 |
| Entitlement date | 28 Feb 2020 |
| Entitlement time | 5:00 PM |
| Financial Year End | |
| 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 | 28 Feb 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 |
| SCOMI ENERGY SERVICES BHD | 1.0000 : 5.0000 | 02 Mar 2020 | Issue Fraction |
| 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 Share Consolidation entails the consolidation of every 5 existing ordinary shares in SESB into 1 ordinary share ("Consolidated Share") as at 5.00 p.m. on 28 February 2020, being the entitlement date for the Share Consolidation.
The actual number of Consolidated Shares to be issued would depend on the number of ordinary shares in SESB 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 SESB in such manner at its absolute discretion as it may deem fit or expedient and in the best interests of SESB.
The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 2 March 2020, being the next market day after the entitlement date for the Share Consolidation.
The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders for the Share Consolidation within 4 market days after the listing of and quotation for the Consolidated Shares on the Main Market of Bursa Malaysia Securities Berhad.
This announcement is dated 14 February 2020. |
Announcement Info
| Company Name | SCOMI ENERGY SERVICES BHD |
| Stock Name | SCOMIES |
| Date Announced | 14 Feb 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-14022020-00006 |
| Corporate Action ID | MY200214SPLR0001 |