Bonus Issue

[VIS] Bonus Issue on 26-May-2023

Announcement Date: 12-May-2023
Related Stock:
VIS
VISDYNAMICS HOLDINGS BHD
Share Registrar:
VIS
VISDYNAMICS HOLDINGS BHD
FY: 31-Oct-2023
Amount

1.0000 : 4.0000

  • Ex Date
    26-May-2023
  • Entitlement Date
    29-May-2023
Description
Bonus issue of 65,699,742 new free warrants in VisDynamics Holdings Berhad ("VHB") ("Warrant(s)") on the basis of 1 Warrant for every 4 existing ordinary shares held in VHB held at 5:00 p.m. on 29 May 2023 ("Entitlement Date")

About VISDYNAMICS HOLDINGS BHD
VisDynamics Holdings Bhd is an investment holding company. The company through its subsidiary is involved in the design, research and development and assembly of back-end semiconductor equipment. In addition, the company manufactures transfer and inspection machine for non-semiconductor devices. Its product portfolio comprises gravity and tray-based systems, OEM vision inspection system and universal gang pick. The company does its sales via geographical segments that include Malaysia, South East Asia, North Asia, and the United States of America. The majority of its revenue is derived from North 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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