Consolidation

[NETX] Share Consolidation on 23-Sep-2020

Announcement Date: 09-Sep-2020
Related Stock:
NETX
NETX HOLDINGS BHD
Share Registrar:
NETX
NETX HOLDINGS BHD
FY: 30-Nov-2020
Amount

1.0000 : 25.0000

  • Ex Date
    23-Sep-2020
  • Entitlement Date
    24-Sep-2020
Description
CONSOLIDATION OF EVERY 25 ORDINARY SHARES IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("NETX SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 24 SEPTEMBER 2020 INTO 1 NETX SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

About NETX HOLDINGS BHD
NetX Holdings Bhd is principally involved in the investment holding, research and development of software, system design, integration and installation and provision of information technology services. The core business segments of the company comprise of the followings: Electronic Payment Services and Payment Services segment. Electronic Payment Services segment is involved in the terminal and other related services. Non-electronic Payment Services segment is involved in the provision of turnkey solutions on the network infrastructure, security management, research and development of software, system design, integration and installation and provision of IT services. The company operates principally in 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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Discussions
1 person likes this. Showing 1 of 1 comments

willc48

lembu share consolidate? Up you.

2020-09-14 01:11

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