BONUS ISSUE OF UP TO 404,999,992 ORDINARY SHARES IN OPTIMAX ("OPTIMAX SHARE(S)" OR "SHARE(S)") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 OPTIMAX SHARE HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5:00 PM ON 6 MAY 2022 ("BONUS ISSUE")
Kindly be advised of the following :
1) The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 05 May 2022
2) The last date of lodgment : 06 May 2022
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct <1/2>, of Selling Price against the Selling Client
b) Buying Broker to deduct <50%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <1/2>, 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 6 May 2022 with bonus issue of OPTIMAX shares, any shareholder who is entitled to receive OPTIMAX bonus issue shares, may sell any or all of his OPTIMAX shares arising from the bonus issue beginning the Ex-Date (5 May 2022).
For example, if Mr X purchases 100 OPTIMAX shares on cum basis on 29 April 2022, Mr X should receive 100 shares on 6 May 2022. As a result of the bonus issue, an additional of 100 OPTIMAX shares will be credited into Mr X's CDS account on the night of 6 May 2022 being the Book Closing Date. Therefore, Mr X can sell a total of 200 shares on or after the Ex-Date i.e. from 5 May 2022 onwards.
Remarks 2:
The Bonus Issue will entail the issuance of up to 404,999,992 Bonus Shares to be credited as fully paid-up held by the entitled shareholders.
The Bonus Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 9 May 2022, being the next market day after the entitlement date.
Optimax's share registrar will issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders whose names appear in the record of depositors of Optimax on the entitlement date not later than 4 market days after the date the Bonus Shares are listed and quoted on the ACE Market of Bursa Securities.
Company Name | OPTIMAX HOLDINGS BERHAD |
Stock Name | OPTIMAX |
Date Announced | 18 Apr 2022 |
Category | Listing Circular |
Reference Number | ILC-18042022-00004 |