Bonus Issue

[SKBSHUT] Bonus Issue on 08-Feb-2022

Announcement Date: 20-Jan-2022
Related Stock:
SKBSHUT
SKB SHUTTERS CORPORATION BHD
Share Registrar:
SKBSHUT
SKB SHUTTERS CORPORATION BHD
FY: 30-Jun-2022
Amount

1.0000 : 2.0000

  • Ex Date
    08-Feb-2022
  • Entitlement Date
    09-Feb-2022
Description
FREE WARRANTS ISSUE OF UP TO 66,000,000 FREE WARRANTS IN SKB SHUTTERS CORPORATION BERHAD ("SKB") ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING SKB SHARES HELD AT 5.00 P.M. ON 9 FEBRUARY 2022 ("FREE WARRANTS ISSUE")

About SKB SHUTTERS CORPORATION BHD
SKB Shutters Corp Bhd is engaged in the manufacture and sale of roller shutters, racking systems, storage system and related steel products which are carried out in Malaysia and Singapore. It also manufactures and provides repair services for motor components. The business is spread across Malaysia, Asia, Middle East, Australia and other regions. The group?s clients are main contractors, manufacturing plants and warehouse operators.

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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