BONUS ISSUE OF 240,000,000 NEW ORDINARY SHARES IN STEEL HAWK BERHAD ("STEEL HAWK SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 3 BONUS SHARES FOR EVERY 2 EXISTING STEEL HAWK SHARES
About STEEL HAWK BERHAD
Steel Hawk Berhad is a Malaysia-based investment holding company. The Company, through its subsidiaries, is engaged in the provision of onshore and offshore support services for the oil and gas (O&G) industry. The Company operates through three segments: Engineering, Procurement, Construction and Commissioning (EPCC) services and facilities improvement/ maintenance, Installation and Maintenance (I&M) of oilfield equipment and Supply of oilfield equipment. Its EPCC services and facilities improvement/ maintenance segment includes the provision of EPCC services for chemical injection skids and improvement/maintenance in topside O&G facilities. Its I&M of oilfield equipment segment includes the installation, repair, refurbishment and replacement of oilfield equipment in topside O&G facilities. The Company supplies oilfield equipment, such as pig trap system, fire rated doors or oil spill recovery equipment, as well as parts and components.
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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