BONUS ISSUE OF UP TO 186,500,009 WARRANTS ("WARRANTS") ON THE BASIS OF ONE WARRANT FOR TWO EXISTING ORDINARY SHARES IN HANDAL ENERGY BERHAD HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 16 APRIL 2024 ("ENTITLEMENT DATE") ("BONUS ISSUE OF WARRANTS")
About HANDAL ENERGY BERHAD
Handal Energy Berhad, formerly Handal Resources Berhad, is a Malaysia-based oil and gas company specializing in the manufacturing, maintenance and servicing of offshore cranes. The Company provides offshore crane fabrication, overhaul and maintenance and offshore crane rental; engineering project support services; engineering procurement and construction (EPC) work, and provision of technologies and solutions for the oil and gas sector. The Company's overhaul and maintenance services include crane reconditioning, operation and management, crane inspection and maintenance, consultation services and vendor/customer support data.
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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