Bonus Issue

[WIDAD] Bonus Issue on 31-Jul-2018

Announcement Date: 19-Jul-2018
Related Stock:
WIDAD
WIDAD GROUP BERHAD
Share Registrar:
WIDAD
WIDAD GROUP BERHAD
Amount

1 : 5

  • Ex Date
    31-Jul-2018
  • Entitlement Date
    02-Aug-2018
Description
Issuance of 490,928,369 free warrants ("Warrants") in Ideal Jacobs (Malaysia) Corporation Bhd ("Ideal Jacobs" or "Company") on the basis of 1 Warrant for every 5 existing ordinary shares in Ideal Jacobs held as at 5:00 p.m. on 2 August 2018 ("Free Warrants")

About WIDAD GROUP BERHAD
Widad Group Bhd produces graphic overlays, nameplates, custom labels, membrane switches, fabric over foam gaskets, die cut components, injection molded panels and machined parts. The Company serves the telecommunications, electronics, banking and pharmaceutical industries.

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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Bonus Issue
Type Bonus Issue
Description Issuance of 490,928,369 free warrants ("Warrants") in Ideal Jacobs (Malaysia) Corporation Bhd ("Ideal Jacobs" or "Company") on the basis of 1 Warrant for every 5 existing ordinary shares in Ideal Jacobs held as at 5:00 p.m. on 2 August 2018 ("Free Warrants")
Amount 1 : 5
Ex Date 31-Jul-2018

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2018-07-24 10:46

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