RCECAP - Notice of Bonus Entitlement
| RCE CAPITAL BERHAD |
BONUS ISSUE OF UP TO 360,251,432 NEW ORDINARY SHARES IN RCE CAPITAL BERHAD ("RCE") ("SHARES") ("BONUS SHARES") ON THE BASIS OF 19 BONUS SHARES FOR EVERY 21 SHARES HELD AT 5.00 PM ON 5 JANUARY 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE")
Kindly be advised of the following :
1) The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 04 Jan 2022
2) The last date of lodgment : 05 Jan 2022
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct <19/40>, of Selling Price against the Selling Client
b) Buying Broker to deduct <47.5%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <19/40>, of the Transacted Price is applicable.
Remarks :- On even date, the Notice of Book Closure for the distribution of up to 18,778,370 treasury shares held by RCE ("Treasury Shares") on the basis of one (1) Treasury Share for every 20 existing Shares held ("Share Dividend") has been separately announced.
For avoidance of doubt, the Treasury Shares shall be distributed to entitled shareholders before the Bonus Issue. Therefore, the entitlement to the Bonus Issue will be based on the increased number of Shares held by entitled shareholders after the Share Dividend.
Pursuant to the above, the number of Bonus Shares to be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will depend on the enlarged number of issued Shares of RCE after the Share Dividend.
In order to facilitate the concurrent crediting and/or listing of the Treasury Shares and Bonus Shares, the Treasury Shares and Bonus Shares will not be credited, listed and/or traded on the next market day after the Entitlement Date.
Subject to the approval of Bursa Malaysia Depository Sdn Bhd for the transfer of Treasury Shares from RCE to entitled shareholders, the date on which the Bonus Shares will be credited and/or listed is expected to be on 17 January 2022.
The share registrar of RCE will issue and despatch the notices of allotment for the Bonus Shares to all entitled shareholders of RCE within 8 market days from the Entitlement Date. Entitled shareholders are not required to take any action
Announcement Info
| Company Name | RCE CAPITAL BERHAD |
| Stock Name | RCECAP |
| Date Announced | 23 Dec 2021 |
| Category | Listing Circular |
| Reference Number | ILC-23122021-00002 |