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Bonus Issue

SOLARVEST HOLDINGS BERHAD

Entitlement subject Bonus Issue
Entitlement description
Bonus Issue of 105,655,913 Warrants ("Warrant(s)") on the basis of 1 Warrant for every 4 existing ordinary shares in Solarvest ("Solarvest Share(s)" or "Shares(s)") held on an entitlement date to be determined  ("Warrants Entitlement Date") ("Bonus Issue of Warrants");
Shareholder's Approval Yes
Ex-Date 22 Feb 2021
Entitlement date 23 Feb 2021
Entitlement time 5:00 PM
Financial Year End 31 Mar 2021
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Securities Crediting Date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 23 Feb 2021
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)
105,655,913
Entitlement indicator Ratio
Par Value (if applicable)

Securities Entitlement
Company Name
SOLARVEST HOLDINGS BERHAD
Entitlement
Warrants
Ratio (New : Existing) 1.0000 : 4.0000
Available/Listing Date 08 Mar 2021
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:0327839299
Fax:0327839222


Remarks :
The Bonus Issue of Warrants will entail an issuance of 105,655,913 Warrants on the basis of 1 Warrant for every 4 existing Solarvest Shares held by the entitled shareholders.

The Warrants will be credited into the central depository system accounts of the entitled shareholders and notices of allotment will be issued and despatched to their address as stated in the Record of Depositors of Solarvest prior to the date of listing and quotation of the Warrants.

The Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") 2 market days after the submission of the quotation application for the Warrants to Bursa Securities.

.
This announcement is dated 5 February 2021.


Announcement Info

Company Name SOLARVEST HOLDINGS BERHAD
Stock Name SLVEST
Date Announced 05 Feb 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-04022021-00018
Corporate Action ID MY210204BONU0001




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