Entitlement(Notice of Book Closure)
31/03/2022Share Exchange (Without Election)
DAYA MATERIALS BERHAD |
Entitlement subject | Share Exchange (Without Election) |
Entitlement description | Entitlement date for the exchange of all ordinary shares in Daya Materials Berhad ("DMB" or "Company") ("DMB Shares") with new ordinary shares in Propel Global Berhad ("PGB") ("PGB Share(s)") on the basis of 1 new PGB Share for every 100 existing DMB Shares held, via a scheme of arrangement under Section 366 of the Companies Act 2016 ("Proposed Share Exchange"). Fractional entitlements arising from the Proposed Share Exchange, if any, shall be disregarded and dealt with by the board of DMB in such manner as it deems fit or expedient and in the best interest of the Company. |
Last Trading Date | 13 Apr 2022 |
Ex-Date | 14 Apr 2022 |
Entitlement date | 15 Apr 2022 |
Entitlement time | 5:00 PM |
Financial Year End | 30 Jun 2022 |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 15 Apr 2022 |
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
Mode of Exchange | Securities |
Securities Entitlement | |
Company Name |
DAYA MATERIALS BERHAD |
Issue Price per Unit | 0.0000 |
Ratio (New:Existing) | 1.0000 : 100.0000 |
Securities Crediting Date | |
Fractional Entitlement |
Registrar or Service Provider name, address, telephone no |
BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:0378904700 Fax:0378904670 |
Remarks : |
This announcement is made by Hong Leong Investment Bank Berhad on behalf of DMB. The shareholders of DMB whose names appear on the Record of Depositors of DMB at 5.00 p.m. on Friday, 15 April 2022 ("Entitlement Date"), shall be entitled to participate in the Proposed Share Exchange. In order to facilitate the Proposed Share Exchange, the trading of DMB Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will be suspended from 9.00 a.m. on Thursday, 14 April 2022 being 1 market day prior to the Entitlement Date. Accordingly, the last time and day for trading of DMB Shares on the Main Market of Bursa Securities shall be at 5.00 p.m. on Wednesday, 13 April 2022. The suspension of trading of DMB Shares will continue until the admission of PGB to the Official List of Bursa Securities and the listing of and quotation for the PGB Shares on the Main Market of Bursa Securities. All DMB Shares deposited in the CDS accounts of the shareholders of DMB as at the Entitlement Date will be debited from their respective CDS accounts accordingly. The new PGB Shares will be credited directly by Bursa Malaysia Depository Sdn Bhd into the same CDS accounts in which existing DMB Shares are currently deposited. A notice to the shareholders of DMB in relation to the Entitlement Date for the Proposed Share Exchange will be despatched to the shareholders of DMB on 1 April 2022. This announcement is dated 31 March 2022. |
Announcement Info
Company Name | DAYA MATERIALS BERHAD |
Stock Name | DAYA |
Date Announced | 31 Mar 2022 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-30032022-00001 |
Corporate Action ID | MY220330EXOF0001 |