PWF
Bonus Issue
| PWF CONSOLIDATED BERHAD |
| EX-date | 11 Jul 2016 |
| Entitlement date | 13 Jul 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 47,339,198 warrants ("Warrants") in PWF Consolidated Bhd. (formerly known as PW Consolidated Bhd.) ("PWF") on the basis of three (3) Warrants for every ten (10) ordinary shares of RM0.50 each in PWF, after the completion of the Share Split ("Bonus Issue of Warrants") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2016 |
| 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 47301Petaling Jaya Tel:0378490777 Fax:0378418151 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 13 Jul 2016 |
| 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 | 3 : 10 |
| Rights Issue/Offer Price | |
| Par Value | Malaysian Ringgit (MYR) 0.500 |
| Remarks : |
The Warrants shall be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within two (2) market days after the submission of the application for quotation of the Warrants to Bursa Securities.
The Bonus Issue of Warrants shall be implemented via the filling of listing and quotation application with Bursa Securities after the completion of the Share Split. As such, the Warrants to be issued pursuant to the Bonus Issue of Warrants shall each give to its holder an option to subscribe for new subdivided ordinary shares of RM0.50 each in PWF.
The notice of allotment of the Warrants will be issued and despatched to the entitled shareholders of PWF within four (4) market days after the listing of and quotation for the Warrants on the Main Market of Bursa Securities, or such other periods as may be prescribed by Bursa Securities.
This announcement is dated 14 June 2016. |
Announcement Info
| Company Name | PWF CONSOLIDATED BERHAD |
| Stock Name | PWF |
| Date Announced | 14 Jun 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-14062016-00003 |