Share Consolidation

TIGER SYNERGY BERHAD

EX-date 01 Jun 2018
Entitlement date 05 Jun 2018
Entitlement time 05:00 PM
Entitlement subject Share Consolidation
Entitlement description TIGER SYNERGY BERHAD ("TSB" OR "COMPANY") SHARE CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN TSB ("TSB SHARES" OR "SHARES") INTO 1 NEW TSB SHARE ("CONSOLIDATED SHARE") AT 5.00 P.M. ON 5 JUNE 2018 ("ENTITLEMENT DATE") ("SHARE CONSOLIDATION")
Period of interest payment   to  
Financial Year End
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 BINA MANAGEMENT (M) SDN BHD Lot 10, The Highway Centre Jalan 51/205 46050 Petaling Jaya Tel: 03 7784 3922 Fax: 03 7784 1988
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 05 Jun 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 4 : 1
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The Share Consolidation entails the consolidation of every 4 existing ordinary shares in TSB into 1 Consolidated Share at 5.00 p.m. on the Entitlement Date. The actual number of Consolidated Shares to be issued would depend on the total number of issued shares of TSB on the Entitlement Date, taking into account any new TSB Shares arising from the exercise of the outstanding warrants 2013/2018 in TSB constituted by the deed poll dated 18 November 2013, outstanding warrants 2016/2021 in TSB constituted by the deed poll dated 31 December 2015 and the outstanding options issued and/or to be issued pursuant to employees share option scheme of TSB.

The date of listing of and quotation for the Consolidated Shares on the Main Market of Bursa Malaysia Securities Berhad will be on 6 June 2018 ("Listing Date"), being the next market day following the Entitlement Date.

The Consolidated Shares will be credited into the entitled shareholders Central Depository System accounts and a notice of allotment will be issued and despatched to the entitled shareholder at the address set out in the Record of Depositors within 4 market days after the Listing Date.

This announcement is dated 21 May 2018.


Announcement Info

Company Name TIGER SYNERGY BERHAD
Stock Name TIGER
Date Announced 21 May 2018
Category Entitlement(Notice of Book Closure)
Reference Number ENT-17052018-00008