Bonus Issue

[LEESK] Bonus Issue on 24-Jun-2024

Announcement Date: 07-Jun-2024
Related Stock:
LEESK
LEE SWEE KIAT GROUP BHD
Share Registrar:
LEESK
LEE SWEE KIAT GROUP BHD
FY: 31-Dec-2024
Amount

1.0000 : 2.0000

  • Ex Date
    24-Jun-2024
  • Entitlement Date
    25-Jun-2024
Description
Bonus issue of up to 83,907,852 new ordinary shares in Lee Swee Kiat Group Berhad ("LSK") ("LSK Shares") ("Bonus Shares") on the basis of 1 Bonus Share for every 2 existing LSK Shares held as at 5.00 p.m. on 25 June 2024 ("Entitlement Date")

About LEE SWEE KIAT GROUP BHD
Lee Swee Kiat Group Bhd operates in the Mattresses and bedsprings sector in Malaysia. The company is engaged in the manufacturing, trading, and distribution of mattresses, bedding accessories, laminated foam, polyurethane foam, natural latex foam and other related products. LSK operates a retail chain store under Brand IBG that promotes Ergonomic beddings and furniture. It also engages in investment holding activity.

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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