Consolidation

[TECHNAX] Share Consolidation on 09-May-2024

Announcement Date: 25-Apr-2024
Related Stock:
TECHNAX
TECHNA-X BERHAD
Share Registrar:
TECHNAX
TECHNA-X BERHAD
FY: 30-Jun-2024
Amount

1.0000 : 20.0000

  • Ex Date
    09-May-2024
  • Entitlement Date
    10-May-2024
Description
CONSOLIDATION OF EVERY 20 EXISTING ORDINARY SHARES IN TECHNA-X BERHAD ("TXB" OR "COMPANY") ("TXB SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 10 MAY 2024 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

About TECHNA-X BERHAD
Sino Hua-An International Bhd is an investment holding company. The company is engaged in manufacturing and sale of metallurgical coke and other related by-products. Sino Hua-An International?s products include tar oil, crude benzene, ammonium sulfate and coal gas. Its by-products include Coal Gas, Tar, Crude Benzene, Ammonia Sulfate, Coal Slime and Middlings.

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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