Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


GDB - Notice of Bonus Entitlement

GDB HOLDINGS BERHAD

1)  Bonus issue of 312,500,000 new ordinary shares in GDB Holdings Berhad ("GDB") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 2 existing ordinary shares in GDB held at 5.00 p.m. on 23 June 2021 ("Entitlement Date")

 

2)  Bonus issue of 250,000,000 warrants in GDB Holdings Berhad ("GDB") ("Warrant(s)") on the basis of 2 Warrants for every 5 existing ordinary shares in GDB held at 5.00 p.m. on 23 June 2021 ("Entitlement Date")

 

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 22 Jun 2021
2)    The last date of lodgment : 23 Jun 2021

3)    Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
        a)    Selling Broker to deduct <1/3>, of Selling Price against the Selling Client
        b)    Buying Broker to deduct <33.33%>, of Purchase Price against the Buying Client
        c)    Between Broker and Broker, the deduction of <1/3>, of the Transacted Price is applicable.

 

Remarks 1:  "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 23 Jun 2021 with bonus issue of GDB shares, any shareholder who is entitled to receive GDB  bonus issue shares, may sell any or all of his GDB shares arising from the bonus issue beginning the Ex-Date (22 Jun 2021).

 

For example, if Mr X purchases 200 GDB shares on cum basis on 21 Jun 2021, Mr X should receive 200 shares on 23 Jun 2021. As a result of the bonus issue, an additional of 100 GDB  shares will be credited into Mr X's CDS account on the night of 23 Jun 2021 being the Book Closing Date. Therefore, Mr X can sell a total of 300 shares on or after the Ex-Date i.e. from 22 Jun 2021 onwards."

 

Remarks 2:-  The Bonus Shares will be listed and quoted together with the Bonus Issue of Warrants on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") 2 market days after the submission of the quotation application of the Warrants to Bursa Securities.

 

The notices of allotment for the Bonus Shares will be issued and dispatched to all entitled shareholders of GDB prior to the listing and quotation of the Bonus Shares on the Main Market of Bursa Securities.

 

Remraks 3:-  The Warrants will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") 2 market days after the submission of the quotation application of the Warrants to Bursa Securities.

 

The notices of allotment for the Warrants will be issued and dispatched to all entitled shareholders of GDB prior to the listing and quotation of the Warrants on the Main Market of Bursa Securities.

 

 


Announcement Info

Company Name GDB HOLDINGS BERHAD
Stock Name GDB
Date Announced 10 Jun 2021
Category Listing Circular
Reference Number ILC-10062021-00003


Close