stthye17

stthye17 | Joined since 2017-10-19

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2017-11-13 14:20 | Report Abuse

KGB material litigation will count into month end QR? if yes, profit/margin will break new high. Hold tight guys

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2017-11-01 18:08 | Report Abuse

TRIVE - Notice of Bonus Entitlement

TRIVE PROPERTY GROUP BERHAD

BONUS ISSUE OF UP TO 432,629,350 NEW ORDINARY SHARES IN THE COMPANY ("TRIVE SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 6 EXISTING TRIVE SHARES HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 PM ON 13 NOVEMBER 2017 ("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: 9 Nov 2017

2) The last date of lodgment : 13 Nov 2017

3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct<1/7>, of Selling Price against the Selling Client
b) Buying Broker to deduct <14.28%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <1/7>, 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 13 November 2017 with bonus issue of TRIVE shares, any shareholder who is entitled to receive TRIVE bonus issue shares, may sell any or all of his TRIVE shares arising from the bonus issue beginning the Ex-Date (9 November 2017).

For example, if Mr X purchases 600 TRIVE shares on cum basis on 8 November 2017, Mr X should receive 600 shares on 13 November 2017. As a result of the bonus issue, a total of 700 TRIVE shares will be credited into Mr X's CDS account on the night of 13 November 2017 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 700 on or after the Ex-Date ie from 9 November 2017 onwards."

Remarks 2: The Bonus Issue will entail the issuance of up to 432,629,350 Bonus Shares on the basis of 1 Bonus Share for every 6 Trive Shares held by the entitled shareholders whose names appear in the Record of Depositors ("ROD") of Trive at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The actual number of Bonus Shares to be issued will depend on the issued share capital of Trive on the Entitlement Date, taking into account any exercise of options granted under the existing employees share option scheme of the Company ("ESOS") and existing Trive warrants 2017 / 2020 ("Warrants B"). The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 14 November 2017, being one (1) market day after the Entitlement Date. Trive's Share Registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the Entitled Shareholders not later than four (4) market days after the date of listing and quotation for the Bonus Shares. Holders of Warrants B ("Warrant B Holders") who wish to be entitled to the Bonus Issue shall exercise their Warrants B to subscribe for new Trive Shares by lodging their duly completed exercise forms together with the relevant subscription monies with Trive's Share Registrar (at the address stated above) on or before 5.00 p.m. on 3 November 2017. This is to enable the new Trive Shares arising from such exercise to be allotted to the respective Warrant B Holders such that their names will appear in the ROD for Trive Shares at 5.00 p.m. on the Entitlement Date.