Adjustment

[PTRANS-WB] Adjustment on 06-Mar-2024

Announcement Date: 22-Feb-2024
Related Stock:
PTRANS
PERAK TRANSIT BERHAD
Share Registrar:
PTRANS
PERAK TRANSIT BERHAD
FY: 31-Dec-2024
Amount

1.0000 : 2.0000

  • Ex Date
    06-Mar-2024
  • Entitlement Date
    07-Mar-2024
Description
ADJUSTMENT TO THE EXERCISE PRICE AND THE NUMBER OF OUTSTANDING WARRANTS B IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 14 JULY 2021 PURSUANT TO THE BONUS ISSUE OF UP TO 433,644,611 NEW ORDINARY SHARES IN PERAK TRANSIT ("PERAK TRANSIT SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING PERAK TRANSIT SHARES HELD AT 5.00 P.M. ON 7 MARCH 2024

About PERAK TRANSIT BERHAD
Perak Transit Bhd is engaged in operating terminal AmanJaya integrated public transportation terminal and providing public bus services. It is also operates petrol stations.

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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