Mercury Securities
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Earn MS Coin when you trade with MST28. Check out MST28.
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Get FREE real time quotes on our website & App. Check out MST28.
Open Trading Account
add free Download App
premium Premium Account

Last Price Change Volume
Open: Day Range: Prev Close:


OPENSYS - Notice of Bonus Entitlement

OPENSYS (M) BERHAD

Bonus issue of 74,473,333 new ordinary shares of RM0.10 each in Opensys (M) Berhad (OpenSys) (OpenSys Shares) (Bonus Shares), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every three (3) existing OpenSys Shares held at 5.00 p.m. on 26 October 2015 (Entitlement Date) (Bonus Issue). 

Kindly be advised of the following: -  

1) The above Company's securities will be traded and quoted [ "Ex – Bonus Issue" ] as from: [ 22 October 2015 ] 

2) The last date of lodgment: [ 26 October 2015 ]  

3) Retention Money: Where securities are not delivered in time for registration by the seller, then the 
    brokers concerned:-  

                      a) Selling Broker to deduct [ 1/4 ] of the Selling Price against the Selling Client. 
                      b) Buying Broker to deduct [ 25% ] of the Purchase Price against the Buying Client. 
                      c) Between Broker and Broker, the deduction of [ 1/4 ] of the Transacted Price is applicable. 

Remarks 1:- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 27 October 2015 with bonus issue of OPENSYS shares of RM 0.10 each, any shareholder who is entitled to receive OPENSYS bonus issue shares, may sell any or all of his OPENSYS shares arising from the bonus issue beginning the Ex-Date (22 October 2015).  

For example, if Mr X purchases 300 OPENSYS shares on cum basis on 21 October 2015, Mr X should receive 300 shares on 26 October 2015. As a result of the bonus issue, a total of 400 OPENSYS shares will be credited into Mr X's CDS account on the night of 26 October 2015 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 400 on or after the Ex-Date ie from 22 October 2015 onwards."

Remarks 2:- The Bonus Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 27 October 2015, being one (1) market day after the Entitlement Date. The share registrar of OpenSys will issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders of OpenSys not later than four (4) market days after the date of listing of and quotation for the Bonus Shares on the ACE Market of Bursa Securities. This announcement is dated 9 October 2015.


Announcement Info

Company Name OPENSYS (M) BERHAD
Stock Name OPENSYS
Date Announced 13 Oct 2015
Category Listing Circular
Reference Number ILC-13102015-00005


Close