SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) DESTINI BERHAD ("DESTINI" OR THE "COMPANY") PROPOSED CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN DESTINI ("DESTINI SHARE(S)" OR "SHARE(S)") INTO 1 DESTINI SHARE ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION")
| DESTINI BERHAD |
| Type | Announcement |
| Subject | SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) |
| Description | DESTINI BERHAD ("DESTINI" OR THE "COMPANY")
PROPOSED CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN DESTINI ("DESTINI SHARE(S)" OR "SHARE(S)") INTO 1 DESTINI SHARE ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION") |
|
On behalf of the Board of Directors of Destini ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company is proposing to consolidate every 10 existing Destini Shares held by the shareholders of Destini, on an entitlement date to be determined and announced later ("Entitlement Date"), into 1 Consolidated Share. Further details on the Proposed Share Consolidation are set out in the attachment enclosed.
This announcement is dated 27 March 2024. |
|
Please refer attachment below.
Announcement Info
| Company Name | DESTINI BERHAD |
| Stock Name | DESTINI |
| Date Announced | 27 Mar 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27032024-00024 |