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MHCARE - Notice of Bonus Entitlement

METRO HEALTHCARE BERHAD

BONUS ISSUE OF 411,140,000 NEW ORDINARY SHARES IN METRO HEALTHCARE BERHAD ("METRO SHARES") ("BONUS SHARES") ON THE BASIS OF 2 BONUS SHARES FOR EVERY 1 EXISTING METRO SHARE
 

Kindly be advised of the following :

1)    The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 13 Oct 2021
2)    The last date of lodgment : 14 Oct 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 <2/3>, of Selling Price against the Selling Client
        b)    Buying Broker to deduct <66.66%>, of Purchase Price against the Buying Client

        c)    Between Broker and Broker, the deduction of <2/3>, 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 14 Oct 2021 with bonus issue of MHCARE shares, any shareholder who is entitled to receive MHCARE bonus issue shares, may sell any or all of his MHCARE shares arising from the bonus issue beginning the Ex-Date (13 Oct 2021).
 
For example, if Mr X purchases 100 MHCARE shares on cum basis on 12 Oct 2021, Mr X should receive 100 shares on 14 Oct 2021. As a result of the bonus issue, an additional of 200 MHCARE shares will be credited into Mr X's CDS account on the night of 14 Oct 2021 being the Book Closing Date. Therefore, Mr X can sell a total of 300 shares on or after the Ex-Date ie from 13 Oct 2021 onwards."

 

Remarks 2:-  

The Bonus Shares will be listed and quoted on the LEAP Market of Bursa Malaysia Securities Berhad on 15 October 2021, being the next market day after the entitlement date.

 

Metro's Share Registrar will issue and despatch the notice of allotment for the Bonus Shares to the entitled shareholders of Metro at the address as per the Record of Depositors within 4 market days after the date of listing of and quotation for the Bonus Shares.

 

      

 


Announcement Info

Company Name METRO HEALTHCARE BERHAD
Stock Name MHCARE
Date Announced 11 Oct 2021
Category Listing Circular
Reference Number ILC-11102021-00006


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