Consolidation

[FINTEC] Share Consolidation on 07-May-2024

Announcement Date: 22-Apr-2024
Related Stock:
FINTEC
FINTEC GLOBAL BERHAD
Share Registrar:
FINTEC
FINTEC GLOBAL BERHAD
FY: 30-Jun-2024
Amount

1.0000 : 30.0000

  • Ex Date
    07-May-2024
  • Entitlement Date
    08-May-2024
Description
CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN FINTEC GLOBAL BERHAD ("FINTEC" OR THE "COMPANY") ("FINTEC SHARES" OR "SHARES") INTO 1 FINTEC SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

About FINTEC GLOBAL BERHAD
Fintec Global Bhd, formerly Asia Bioenergy, is engaged in portfolio investment in quoted and unquoted shares. The company's operating business segments are Technology incubation, Portfolio investment, and Biotechnology. The Technology incubation segment provides management and strategic advisory services, research-related activities and sale of machinery with the objective of commercializing technologies in bio-energy and biotechnology sectors. The portfolio investment segment is engaged in investment in quoted and unquoted shares. The Biotechnology products segment is engaged in engineering, procurement, and technology provision for biomass power plants as well as production and sale of microbial related products.

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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