Bonus Issue

[SYSTECH] Bonus Issue on 30-May-2024

Announcement Date: 15-May-2024
Related Stock:
SYSTECH
SYSTECH BHD
Share Registrar:
SYSTECH
SYSTECH BHD
FY: 31-Mar-2025
Amount

1.0000 : 4.0000

  • Ex Date
    30-May-2024
  • Entitlement Date
    31-May-2024
Description
Bonus issue of up to 160,656,399 new warrants in Systech Bhd ("Systech") ("Warrants") on the basis of 1 Warrant for every 4 existing ordinary shares in Systech held as at 5.00 p.m. on 31 May 2024 ("Entitlement Date") ("Bonus Issue of Warrants")

About SYSTECH BHD
Systech Bhd is a Malaysia based investment holding company. The company carries out its operations through two categories: e-business solution and cyber security solution. The e-business solutions provide the design, research, and development, customization and implementation of web-based software solutions. The cybersecurity solution involves data analytics and related applications which focus on cybersecurity and advisory services.

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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