Consolidation

[TALAMT] Share Consolidation on 04-Feb-2025

Announcement Date: 17-Jan-2025
Related Stock:
TALAMT
TALAM TRANSFORM BERHAD
Share Registrar:
TALAMT
TALAM TRANSFORM BERHAD
FY: 31-Mar-2025
Amount

1.0000 : 5.0000

  • Ex Date
    04-Feb-2025
  • Entitlement Date
    05-Feb-2025
Description
CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN TALAM TRANSFORM BERHAD ("TALAM" OR THE "COMPANY") ("TALAM SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 5 FEBRUARY 2025 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

About TALAM TRANSFORM BERHAD
Talam Transform Bhd is an investment holding company, which engages in the property development and management services. It operates through the following segments: Property Development; Property Investment and Management; and Hotel and Recreation. The Property Development segment engages in investment holdings, development of residential and commercial properties. The Property Investment and Management segment deals with the rental of properties and provision of management fees. The Hotel and Recreation segment operates and manages hotel and club and other related 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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