Bonus issue of 216,081,081 new ordinary shares in PTT Synergy Group Berhad ("PTT") ("PTT Shares") ("Bonus Shares") on the basis of 1 Bonus Share for every 1 existing PTT Share held as at 5.00 p.m. on 18 September 2024 ("Entitlement Date")
About PTT SYNERGY GROUP BERHAD
PTT Synergy Group Berhad, formerly Grand Hoover Berhad, is a Malaysia-based investment and property holding company. The Company's segments include Trading and Property development/construction. The Trading segment is engaged in providing trading and supply of hardware and all related products. The Property development/construction segment is engaged in property development, building and civil contractors. The Company and its subsidiaries are engaged in property development, contractor for building construction, trading and distribution of sanitary wares, fitting for pipes and ceramic tiles. The Company's wholly owned subsidiaries include Grand Hoover Property Sdn. Bhd., Hoover Builders Sdn. Bhd., Hoover Management Sdn. Bhd., Hoover Tiling Trading Sdn. Bhd., and Pembinaan ATT Sdn. Bhd.
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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