Bonus Issue

[SERSOL] Bonus Issue on 01-Jul-2022

Announcement Date: 17-Jun-2022
Related Stock:
SERSOL
SERSOL BERHAD
Share Registrar:
SERSOL
SERSOL BERHAD
FY: 31-Dec-2022
Amount

7.0000 : 8.0000

  • Ex Date
    01-Jul-2022
  • Entitlement Date
    04-Jul-2022
Description
BONUS ISSUE OF UP TO 384,227,375 NEW ORDINARY SHARES IN SERSOL BERHAD ("SERSOL") ("SERSOL SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 7 BONUS SHARES FOR EVERY 8 EXISTING SERSOL SHARES HELD AT 5.00 P.M. ON 4 JULY 2022 ("BONUS ISSUE OF SHARES")

About SERSOL BERHAD
Sersol Bhd is a Malaysian company which is principally involved in the coatings business relating to buildings, furniture, electrical and electronic products. The business segments of the company are electronic and electrical sector and the building industry. The company operates through its geographical segment namely Malaysia and Thailand. The Malaysia segment involved in manufacturing and selling of coatings, thinners and industrial chemical, investment holding and provision of management services and trading of architectural coating and wall surface finishing material. The Thailand segment manufactures and sales of coatings, thinners and industrial chemical. The majority of the company?s revenue comes from 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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