Bonus Issue

GLOBETRONICS TECHNOLOGY BERHAD

EX-date 24 May 2018
Entitlement date 28 May 2018
Entitlement time 05:00 PM
Entitlement subject Bonus Issue
Entitlement description BONUS ISSUE OF UP TO 96,651,980 NEW SUBDIVIDED SHARES IN GLOBETRONICS TECHNOLOGY BHD ("GTB") ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 6 SUBDIVIDED SHARES HELD IN GTB AS AT 5.00 P.M. ON 28 MAY 2018 ("ENTITLEMENT DATE") ("BONUS ISSUE")
Period of interest payment   to  
Financial Year End 31 Dec 2018
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 AGRITEUM SHARE REGISTRATION SERVICES SDN BHD 2nd Floor, Wisma Penang Garden 42, Jalan Sultan Ahmad Shah 10050 Tel:042282321 Fax:042272391
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 28 May 2018
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 : 6
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The Bonus Issue will be implemented concurrently with the subdivision exercise involving the subdivision of every 1 existing ordinary share in GTB into 2 subdivided shares ("Subdivided Share(s)"), announced on even date. 

Up to 579,911,880 Subdivided Shares and up to 96,651,980 Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 30 May 2018, being the next market day immediately after the Entitlement Date.

The notice of allotment for the Subdivided Shares and Bonus Shares will be issued and despatched to the entitled shareholders within 4 market days after the date of listing of and quotation for the Subdivided Shares and Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad.

This announcement is dated 8 May 2018.


Announcement Info

Company Name GLOBETRONICS TECHNOLOGY BERHAD
Stock Name GTRONIC
Date Announced 08 May 2018
Category Entitlement(Notice of Book Closure)
Reference Number ENT-04052018-00002