Janson Lee's comment on PENTA. All Comments

Janson Lee
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How come Penta went from 6+ to 4+?
Gan Hong Ann
Bonus issue?
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Siew Meng Long
Indeed, bonus issue, don't panic sell ya
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William Tiang
bonus issue 2:1
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Kuok Wei Lim
When do we get the bonus issue though?
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Siew Meng Long
Tomorrow morning the units should change
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Jay Chua
*Remarks 1*: "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 5 August 2020 with bonus issue of PENTA shares, any shareholder who is entitled to receive PENTA bonus issue shares, may sell any or all of his PENTA shares arising from the bonus issue beginning the Ex-Date (4 August 2020).

For example, if Mr X purchases 200 PENTA shares on cum basis on 3 August 2020, Mr X should receive 200 shares on 5 August 2020. As a result of the bonus issue, a total of 300 PENTA shares will be credited into Mr X's CDS account on the night of 5 August 2020 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 300 on or after the Ex-Date ie from 4 August 2020 onwards."


*Remarks 2*: The date of the listing and quotation for the Bonus Shares shall be on 6 August 2020, being the next market day immediately after the Entitlement Date.

The notices of allotment for the Bonus Shares will be issued and despatched to the entitled shareholders at the address as per the Record of Depositors within 4 market days after the date of the listing and quotation of the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad.
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