AGES
Share Consolidation
| AGESON BERHAD |
| Entitlement subject | Share Consolidation |
| Entitlement description | CONSOLIDATION OF EVERY 15 EXISTING ORDINARY SHARES IN AGESON BERHAD ("AGESON" OR "COMPANY") ("SHARE") HELD AS AT 5:00 P.M. ON 12 APRIL 2022 ("ENTITLEMENT DATE") INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") |
| Ex-Date | 11 Apr 2022 |
| Entitlement date | 12 Apr 2022 |
| Entitlement time | 5:00 PM |
| Financial Year End | 30 Jun 2021 |
| 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 | 12 Apr 2022 |
| 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 |
| AGESON BERHAD | 1.0000 : 15.0000 | 13 Apr 2022 | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
ALDPRO CORPORATE SERVICES SDN BHD Level 5, Block B, Dataran PHB Saujana Resort, Section U2 40150 Shah Alam Selangor Malaysia Tel:0378900638 Fax:0378901032 |
| Remarks : |
The Share Consolidation entails the consolidation of every 15 Shares held on the Entitlement Date into 1 Consolidated Share.
The actual number of Consolidated Shares would depend on the number of issued share capital of the Company on the Entitlement Date. Fractional entitlement for the Consolidated Shares, if any, shall be disregarded and dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit or expedient and in the best interest of the Company.
The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 13 April 2022 ("Listing Date"), being the next market day following the Entitlement Date.
The notice of allotment of the Consolidated Shares will be issued and despatched to the Company's shareholders at the addresses set out in the Record of Depositors of the Company as at the Entitlement Date within 4 market days after the Listing Date.
The Share Consolidation will result in a reduction in the number of Shares available in the market and the trading price of the Shares will be adjusted accordingly in proportion to the basis of the Share Consolidation.
This announcement is dated 29 March 2022. |
Announcement Info
| Company Name | AGESON BERHAD |
| Stock Name | AGES |
| Date Announced | 29 Mar 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-29032022-00001 |
| Corporate Action ID | MY220329SPLR0001 |