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Capital Repayment

SIG GASES BERHAD

Entitlement subject Capital Repayment
Entitlement description
SIG GASES BERHAD ("SIGGAS" OR "COMPANY")

CAPITAL REPAYMENT EXERCISE PURSUANT TO SECTION 116 OF THE ACT
Ex-Date 17 Dec 2020
Entitlement date 18 Dec 2020
Entitlement time 5:00 PM
Financial Year End 31 Dec 2021
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date 04 Jan 2021
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 18 Dec 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 Currency
Announced currency Malaysian Ringgit (MYR)
Disbursed currency Malaysian Ringgit (MYR)
Entitlement in Currency Malaysian Ringgit (MYR) 0.4000

Par Value (if applicable)
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:0327839299
Fax:0327839222


Remarks :
Reference is made to the Company's announcements dated 9 July 2020 and the subsequent announcements, as well as the circular to shareholders dated 4 September 2020 in relation to the Proposals ("Announcements"). Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the Announcements.

The Entitlement Date for the Capital Repayment shall be on Friday, 18 December 2020.

The Capital Repayment will be implemented by way of a capital reduction and repayment exercise of RM0.40 for each SIGGAS Share under Section 116 of the Act, as approved by SIGGAS's shareholders on 28 September 2020 and confirmed by the High Court on 5 November 2020.

The entitled shareholders, whose names appear in the Record of Depositors of the Company on the close of business at 5.00 p.m. on Friday, 18 December 2020, shall be entitled to receive a cash distribution of RM0.40 for each SIGGAS Share held in respect of:-

(a)	SIGGAS Shares transferred into their CDS account(s) on or before 4.30 p.m. on Friday, 18 December 2020 in respect of ordinary transfers; and

(b)	SIGGAS Shares bought on Bursa Securities on a cum-entitlement basis according to the rules of Bursa Securities.

The trading of SIGGAS Shares on the Main Market of Bursa Securities will be suspended with effect from 9.00 a.m. on Thursday, 17 December 2020. Accordingly, the last time and date for trading of SIGGAS Shares on the Main Market of Bursa Securities prior to the suspension shall be 5.00 p.m. on Wednesday, 16 December 2020.

The trading of SIGGAS Shares on the Main Market of Bursa Securities will continue to be suspended until the completion of the Proposals whereby SIGGAS will be subsequently delisted from the Official List of Bursa Securities.

The notice to shareholders in relation to the suspension of trading of SIGGAS Shares and the Entitlement Date will be despatched to SIGGAS's shareholders in due course.

Any enquiries concerning this notice of book closure date should be addressed to the share registrar of SIGGAS at the abovementioned contact details.

This announcement is dated 2 December 2020.


Announcement Info

Company Name SIG GASES BERHAD
Stock Name SIGGAS
Date Announced 02 Dec 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-02122020-00002
Corporate Action ID MY201202CAPD0001




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