Bonus Issue

LBI CAPITAL BERHAD

EX-date 19 Jun 2019
Entitlement date 20 Jun 2019
Entitlement time 05:00 PM
Entitlement subject Bonus Issue
Entitlement description BONUS ISSUE OF UP TO 16,432,082 NEW ORDINARY SHARES IN LBI CAPITAL BERHAD ("LBI") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP, TOGETHER WITH UP TO 49,296,248 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 1 BONUS SHARE TOGETHER WITH 3 WARRANTS FOR EVERY 5 EXISTING ORDINARY SHARES IN LBI ("LBI SHARE(S)") HELD BY THE ENTITLED SHAREHOLDERS OF LBI AT 5:00 PM ON 20 JUNE 2019 ("BONUS ISSUE OF SHARES WITH WARRANTS")
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 46050Petaling Jaya Tel:0377843922 Fax:0377841988
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 20 Jun 2019
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 : 5
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The Bonus Issue of Shares with Warrants will entail the issuance of up to 16,432,082 Bonus Shares to be credited as fully paid-up, together with up to 49,296,248 Warrants on the basis of 1 Bonus Share together with 3 Warrants for every 5 existing LBI Shares held by the entitled shareholders.

LBI had on 31 May 2019 executed the deed poll constituting the Warrants to be issued pursuant to the Bonus Issue of Shares with Warrants.

The Bonus Shares and Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") 2 market days after the submission of the quotation application for the Warrants to Bursa Securities.

LBI's share registrar will issue and despatch the notices of allotment for the Bonus Shares and Warrants to the entitled shareholders whose names appear in the record of depositors of LBI on the entitlement date not later than 4 market days after the date the Bonus Shares and Warrants are listed and quoted on the Main Market of Bursa Securities.

This announcement is dated 3 June 2019.


Announcement Info

Company Name LBI CAPITAL BERHAD
Stock Name LBICAP
Date Announced 03 Jun 2019
Category Entitlement(Notice of Book Closure)
Reference Number ENT-31052019-00002