Bonus Issue

[EFRAME] Bonus Issue on 14-Dec-2022

Announcement Date: 30-Nov-2022
Related Stock:
EFRAME
ECONFRAME BERHAD
Share Registrar:
EFRAME
ECONFRAME BERHAD
FY: 31-Aug-2023
Amount

1.0000 : 2.0000

  • Ex Date
    14-Dec-2022
  • Entitlement Date
    15-Dec-2022
Description
ECONFRAME BERHAD ("ECONFRAME" OR THE "COMPANY") BONUS ISSUE OF UP TO 162,500,000 WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ECONFRAME SHARES HELD AS AT 5.00 P.M. ON 15 DECEMBER 2022 ("BONUS ISSUE OF WARRANTS")

About ECONFRAME BERHAD

Econframe Bhd is a Malaysia-based company which is involved in design and manufacturing of metal frames, door and window. The Company's products include metal door and window frame, fire rated door, ironmongery, door and window frame, steel door and metal louvers. The Company's acoustic door seal help to reduce the amount of sound that passes through a doorset and also provides a barrier to airborne sound and ensure that the acoustic attenuation provided by a doorset is equivalent to the wall or partition installed.


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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