Bonus Issue
[INARI] Bonus Issue on 19-Jan-2017
Announcement Date: 09-Jan-2017
FY: 30-Jun-2017
Amount
1 : 1
- Ex Date19-Jan-2017
- Entitlement Date23-Jan-2017
Description
BONUS ISSUE OF NEW ORDINARY SHARES OF RM0.10 EACH IN INARI AMERTRON BERHAD ("INARI") ("INARI SHARE(S)") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) EXISTING INARI SHARE HELD AT 5.00 P.M. ON 23 JANUARY 2017 ("BONUS ISSUE")
About INARI AMERTRON BERHAD
Inari Amertron Bhd is a Malaysia-based investment holding company that is principally engaged in the outsourced semiconductor assembly and test services and electronics manufacturing services industries through a number of subsidiaries. The company?s business segments include an electronic manufacturing services segment, an original design manufacturer of electronic test and measurement equipment segment, and an investment holding segment. The electronic manufacturing services segment contributes the majority of total revenue. The company has a business presence in Malaysia, Singapore, China, Philippines, Taiwan, and elsewhere, with Singapore accounting for most of its total revenue. 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: Market Buzz
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Shareholders' approval for the Bonus Issue was obtained on 9 January 2017. The Bonus Shares will be listed and quoted on 24 January 2017, being the next market day after the book closure date. The Share Registrar of Inari will issue and despatch notice of allotment to all entitled shareholders of Inari within four (4) market days after the date of listing of and quotation for the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad. Existing holders of Warrants 2013/2018 and Warrants 2015/2020 who wish to be entitled to the Bonus Shares under the Bonus Issue are required to submit the warrants exercise form to the Share Registrar, Megapolitan Management Services Sdn Bhd, No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur (Tel no.: 03-2284 8311) not later than 5.00 p.m. on 12 January 2017. This announcement is dated 9 January 2017.
2017-01-19 10:33