RightIssue

[PUNCAK] Rights Issue on 31-Jul-2000

Announcement Date: 10-Jul-2000
Related Stock:
PUNCAK
PUNCAK NIAGA HOLDINGS BHD
Share Registrar:
PUNCAK
PUNCAK NIAGA HOLDINGS BHD
Amount

1 : 4

  • Ex Date
    31-Jul-2000
  • Entitlement Date
    04-Aug-2000
Description
ONE(1) NEW ORDINARY SHARE FOR EVERY FOUR(4) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN THE COMPANY

About PUNCAK NIAGA HOLDINGS BHD
Puncak Niaga Holdings Bhd is a regional integrated water, wastewater, and environmental solutions provider, with involvement in the oil and gas sector. It is an investment holding company primarily engaged in the construction, water, wastewater, sewerage and environmental engineering sectors, through its subsidiaries. The operating segments of the company are Water and Wastewater, Oil and Gas, and Construction. It generates the majority of the revenue from the Construction segment which includes construction activities. Water and Wastewater segment includes operation and maintenance of a water treatment plants. The group operates in Malaysia, and internationally of which key revenue is derived from Malaysia.

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:

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment