Consolidation

[KANGER] Share Consolidation on 08-Feb-2022

Announcement Date: 21-Jan-2022
Related Stock:
KANGER
KANGER INTERNATIONAL BERHAD
Share Registrar:
KANGER
KANGER INTERNATIONAL BERHAD
FY: 31-Mar-2022
Amount

1.0000 : 10.0000

  • Ex Date
    08-Feb-2022
  • Entitlement Date
    09-Feb-2022
Description
CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN KANGER ("KANGER SHARE(S)") INTO 1 KANGER SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

About KANGER INTERNATIONAL BERHAD
Kanger International Bhd, an investment holding company, engages in the research, development, manufacture, and trade of bamboo flooring and related products in the People's Republic of China. It operates through three segments: Investment Holding, Manufacturing and Trading, and Research and Development. It operates the business across North America, Europe, and Asia.

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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2024-04-19

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