Share Consolidation

SCOMI ENERGY SERVICES BHD

Entitlement subject Share Consolidation
Entitlement description
Consolidation of every 5 existing ordinary shares in Scomi Energy Services Bhd ("SESB") into 1 ordinary share ("Share Consolidation")
Ex-Date 27 Feb 2020
Entitlement date 28 Feb 2020
Entitlement time 5:00 PM
Financial Year End
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 28 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
SCOMI ENERGY SERVICES BHD 1.0000 : 5.0000 02 Mar 2020 Issue Fraction

Registrar or Service Provider name, address, telephone no BOARDROOM SHARE REGISTRARS SDN BHD
11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat)

Seksyen 13

46200 Petaling Jaya

Selangor

Malaysia

Tel:0378904700
Fax:0378904670


Remarks :
The Share Consolidation entails the consolidation of every 5 existing ordinary shares in SESB into 1 ordinary share ("Consolidated Share") as at 5.00 p.m. on 28 February 2020, being the entitlement date for the Share Consolidation.

The actual number of Consolidated Shares to be issued would depend on the number of ordinary shares in SESB on the entitlement date for the Share Consolidation.

Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and dealt with by the Board of Directors of SESB in such manner at its absolute discretion as it may deem fit or expedient and in the best interests of SESB.

The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 2 March 2020, being the next market day after the entitlement date for the Share Consolidation.

The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders for the Share Consolidation within 4 market days after the listing of and quotation for the Consolidated Shares on the Main Market of Bursa Malaysia Securities Berhad.

This announcement is dated 14 February 2020.


Announcement Info

Company Name SCOMI ENERGY SERVICES BHD
Stock Name SCOMIES
Date Announced 14 Feb 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-14022020-00006
Corporate Action ID MY200214SPLR0001