Bonus Issue

[PARLO] Bonus Issue on 11-Oct-2023

Announcement Date: 25-Sep-2023
Related Stock:
PARLO
PARLO BERHAD
Share Registrar:
PARLO
PARLO BERHAD
FY: 31-Dec-2023
Amount

1.0000 : 2.0000

  • Ex Date
    11-Oct-2023
  • Entitlement Date
    12-Oct-2023
Description
FREE WARRANTS ISSUE OF UP TO 301,034,835 FREE WARRANTS IN PARLO BERHAD ("PARLO") ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN PARLO HELD AT 5.00 P.M. ON 12 OCTOBER 2023 ("FREE WARRANTS ISSUE")

About PARLO BERHAD

Parlo Berhad is an investment holding company. Through its subsidiaries, the company is engaged in the provision of travel products and services for leisure travel with a focus on outbound tours. The operating segments of the group are Travel and tours; Meetings, Incentives, Conventions and Events (MICE); and Investment holding. It derives a majority of the revenue from the Travel and Tours segment which involves a range of travel products and services. The group has a business presence only in 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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