Not in above category

[WMG] Others on 13-Jul-2017

Announcement Date: 03-Jul-2017
Related Stock:
WMG
WMG HOLDINGS BERHAD
Share Registrar:
WMG
WMG HOLDINGS BERHAD
Amount

133 : 100

  • Ex Date
    13-Jul-2017
  • Entitlement Date
    17-Jul-2017
Description
Exchange of the entire issued shares of Tekala Corporation Berhad comprising 139,975,300 ordinary shares ("Tekala Shares") (excluding 13,008,000 treasury shares) for 186,167,149 new ordinary shares in WMG Holdings Bhd. ("WMG Shares") on the basis of 133 new WMG Shares for every 100 existing Tekala Shares held ("Share Exchange")

About WMG HOLDINGS BERHAD
WMG Holdings Bhd operates as an investment holding company. The company through its subsidiaries is engaged in manufacturing and sale of plywood. Its operating business segments are timber processing segment is involved in the manufacturing and sale of plywood, investment holding segment is involved in business investments, and Others represents the provision of corporate services.

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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Discussions
Be the first to like this. Showing 1 of 1 comments

ding9007

what the meaning?

2017-07-03 19:01

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