CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") ("SANICHI SHARES" OR "SHARES") INTO 1 SANICHI SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
About SANICHI TECHNOLOGY BHD
Sanichi Technology Bhd through its subsidiaries is engaged in designing and fabrication of precision moulds and tooling for use in an automobile, home appliance, audio visual, computer peripheral, electrical and telecommunication industry. It has two reportable segments namely Investment holding investment property and Manufacturing. The company?s products are further divided into two segments namely Cosmetic Parts and Mechanical Parts. Some of its products are Rapid Cooling Mould, Multi-polymer Mould, Gas Injection Mould, Weld Less Technology and Motorised Gear Mould. It generates a majority of its revenue from Manufacturing. Geographically, the company generates a major share of revenue from Hong Kong.
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:
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 1990 views | 6 d ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 1686 views | 7 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....