Consolidation

[AIM] Share Consolidation on 03-Mar-2023

Announcement Date: 03-Mar-2023
Related Stock:
AIM
ADVANCE INFORMATION MARKETING
Share Registrar:
AIM
ADVANCE INFORMATION MARKETING
FY: 31-Dec-2023
Amount

1.0000 : 3.0000

  • Ex Date
    16-Mar-2023
  • Entitlement Date
    17-Mar-2023
Description
CONSOLIDATION OF EVERY 3 EXISTING ORDINARY SHARES IN ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR "COMPANY") ("SHARE") HELD AS AT 5.00 P.M. ON 17 MARCH 2023 ("ENTITLEMENT DATE") INTO 1 NEW SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

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 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:

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment