Bonus Issue

MI TECHNOVATION BERHAD

EX-date 04 Dec 2019
Entitlement date 05 Dec 2019
Entitlement time 05:00 PM
Entitlement subject Bonus Issue
Entitlement description BONUS ISSUE OF UP TO 250,000,000 NEW ORDINARY SHARES IN Mi TECHNOVATION BERHAD ("Mi TECHNOVATION") ("Mi TECHNOVATION SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING Mi TECHNOVATION SHARES HELD AS AT 5:00 PM ON 5 DECEMBER 2019 ("ENTITLEMENT DATE") ("BONUS ISSUE")
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 SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur T: (03) 2084 9000 F: (03) 2094 9940
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 05 Dec 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 : 2
Rights Issue/Offer Price
Par Value (if applicable)


Remarks :
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 6 December 2019, being the next market day after the Entitlement Date.

Mi Technovations share registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders whose names appear in the Record of Depositors of Mi Technovation on the Entitlement Date within 4 market days after the date of the Bonus Shares are listed and quoted on the Main Market of Bursa Securities.

This announcement is dated 20 November 2019.


Announcement Info

Company Name MI TECHNOVATION BERHAD
Stock Name MI
Date Announced 20 Nov 2019
Category Entitlement(Notice of Book Closure)
Reference Number ENT-17112019-00001