TEXCYCL
Bonus Issue
| TEX CYCLE TECHNOLOGY (M) BERHAD |
| EX-date | 06 Nov 2017 |
| Entitlement date | 08 Nov 2017 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 85,396,500 new ordinary shares in Tex Cycle Technology (M) Berhad ("Tex Cycle" or "Company") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 2 existing ordinary shares in Tex Cycle ("Share(s)") held by the shareholders of the Company whose names appear on the Record of Depositors of the Company at 5.00 p.m. on 8 November 2017 ("Entitlement Date") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2017 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Tel: 03 - 7849 0777 Fax: 03 - 7841 8151 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 08 Nov 2017 |
| 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 |
| Ratio | 1 : 2 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
The Bonus Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 9 November 2017 ("Listing Date"), being the next market day immediately after the Entitlement Date.
Tex Cycle's Share Registrar will issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders not later than 4 market days after the Listing Date.
This announcement is dated 23 October 2017. |
Announcement Info
| Company Name | TEX CYCLE TECHNOLOGY (M) BERHAD |
| Stock Name | TEXCYCL |
| Date Announced | 23 Oct 2017 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-23102017-00002 |