Dividend in specie

LBS BINA GROUP BERHAD

Entitlement subject Dividend in specie
Entitlement description
First and Final single tier dividend in respect of the financial year ended 31 December 2019 comprising Treasury Shares distribution in the ratio of 3 Treasury Shares for every 100 existing Ordinary Shares held, fractions of Treasury Shares will be disregarded.
Ex-Date 29 Jul 2020
Entitlement date 30 Jul 2020
Entitlement time 05:00 PM
Financial Year End 31 Dec 2019
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 30 Jul 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)

Securities Entitlement
Company Name
LBS BINA GROUP BERHAD
Entitlement
Ordinary Shares
Ratio (New : Existing) 3.0000 : 100.0000
Securities Crediting Date 14 Aug 2020
Available / Listing Date
Fractional Entitlement Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite Avenue 3, Bangsar South

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:03-27839299
Fax:03-27839222


Remarks :
1. The proposed payment of the First and Final single tier dividend in specie is subject to the shareholders' approval at the forthcoming Twentieth Annual General Meeting of the Company.

2. Holders of Warrant B (2015/2020) are reminded to lodge their subscription forms and subscription monies for conversion of warrants into new ordinary shares of the Company with the Company's Share Registrar by 5.00 p.m. on or before 20 July 2020 to qualify for the above dividend entitlement.

3. Holders of Redeemable Cumulative Preference Shares ("RCPS") are reminded to lodge their subscription forms for conversion of RCPS into new ordinary shares of the Company with the Company's Share Registrar by 5.00 p.m. on or before 20 July 2020 to qualify for the above dividend entitlement.


Announcement Info

Company Name LBS BINA GROUP BERHAD
Stock Name LBS
Date Announced 14 May 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-14052020-00002
Corporate Action ID MY200514DVSE0001