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Bonus Issue


Entitlement subject Bonus Issue
Entitlement description
Bonus Issue of up to 264,139,784 new Solarvest Shares ("Bonus Share(s)") on the basis of 1 Bonus Share for every 2 existing Solarvest Shares held on the entitlement date on 23 March 2021.
Shareholder's Approval Yes
Ex-Date 22 Mar 2021
Entitlement date 23 Mar 2021
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
Securities Crediting Date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 23 Mar 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)
Entitlement indicator Ratio
Par Value (if applicable)

Securities Entitlement
Company Name
Ordinary Shares
Ratio (New : Existing) 1.0000 : 2.0000
Available/Listing Date 24 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



Remarks :
Approval from Bursa Malaysia Securities Berhad for the listing of and quotation for the Bonus Shares was obtained on 13 January 2021. Shareholders approval for the Bonus Issue was obtained on 5 February 2021. The Bonus Shares will be listed and quoted on 24 March 2021, being the next market day after the entitlement date. 

The Share Registrar of Solarvest Holdings Berhad will issue and despatch notices of allotment to all entitled shareholders of Solarvest Holdings Berhad within 4 market days after the date of listing of and quotation for the Bonus Shares on the ACE Market of Bursa Malaysia Securities Berhad. The Warrantholders must exercise their respective outstanding Warrants 2021/2026 and lodge their duly completed and signed exercise form with the exercise monies with the Share Registrar by 5.00 p.m. on 11 March 2021 in order to be entitled to the Bonus Issue. 

The announcement is dated 9 March 2021.

Announcement Info

Stock Name SLVEST
Date Announced 09 Mar 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-08032021-00008
Corporate Action ID MY210308BONU0004