News

Subdivision

BackFeb 11, 2020
Entitlement subject Subdivision
Entitlement description

SUBDIVISION OF EVERY 2 EXISTING ORDINARY SHARES IN KEJURUTERAAN ASASTERA BERHAD ("KAB" OR THE "COMPANY") ("SHARES") HELD AT 5.00 P.M. ON 26 FEBRUARY 2020 ("BOOK CLOSURE DATE") INTO 5 SHARES ("SPLIT SHARES") ("SHARE SPLIT")

Ex-Date 25 Feb 2020
Entitlement date 26 Feb 2020
Entitlement time 5:00 PM
Financial Year End 31 Dec 2020
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 26 Feb 2020
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
KEJURUTERAAN ASASTERA BERHAD 5.0000 : 2.0000

 

Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222

 



Remarks :

Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant.

The actual number of Split Shares to be issued would depend on the issued share capital of KAB on the Book Closure Date. Fractional entitlements arising from the Share Split, if any, shall be disregarded and/or shall be 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 Split Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 27 February 2020, being the next market day following the Book Closure Date.

The notices of allotment for the Share Split will be despatched to the entitled shareholders not later than 4 market days after the date of listing and quotation of the Split Shares on Bursa Securities.

This announcement is dated 11 February 2020.



Announcement Info

Company Name KEJURUTERAAN ASASTERA BERHAD
Stock Name KAB
Date Announced 11 Feb 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-11022020-00001
Corporate Action ID MY200211SPLF0001