BONUS ISSUE OF UP TO 90,750,000 NEW ORDINARY SHARES OF RM1.00 EACH IN OLDTOWN BERHAD (“OLDTOWN”) (“SHARE(S)”) (“BONUS SHARE(S)”) TO BE CREDITED AS FULLY PAID-UP AT PAR, ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF OLDTOWN AT 5.00 P.M. ON 27 JANUARY 2014 ("ENTITLEMENT DATE") (“BONUS ISSUE”)
About OLDTOWN BERHAD
Oldtown Bhd is a Malaysia-based company which acts as the manufacturer of coffee. Its principal business activities are in the operation of café chain outlets, and manufacturing, marketing and sales of coffee and other beverages. The company's beverages products include instant coffee mix, instant milk tea mix, instant chocolate mix, roasted coffee powder and ready-to-drink coffee. It also operates regional café chain with direct owned, as well as, franchised and licensed OLDTOWN White Coffee' café outlets, in the food and beverages industry. The company manages its business mainly into two segments - Operation of cafe chain and Manufacturing of beverages. It offers its products to local and overseas markets. The company generates the majority of its revenue from Malaysia.
How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.
On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:
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