Listing Circular

27/06/2014

PESTECH - NOTICE OF BONUS ENTITLEMENT

PESTECH INTERNATIONAL BERHAD

LISTING'S CIRCULAR NO. L/Q : 70958 OF 2014

    BONUS ISSUE OF 65,648,066 NEW ORDINARY SHARES OF RM0.50 EACH IN PESTECH INTERNATIONAL BERHAD ("PESTECH")(PESTECH SHARES) (BONUS SHARES) TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY THREE (3) EXISTING PESTECH SHARES HELD BY THE ENTITLED SHAREHOLDERS AS AT 5.00 P.M. ON 10 JULY 2014 ("ENTITLEMENT DATE") (BONUS ISSUE).

    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ]
    as from : [ 8 July 2014 ]

    2) The last date of lodgement : [ 10 July 2014 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 2/5 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 40% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 2/5 ] of the Transacted Price is applicable.

    Remarks : "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 11 July 2014 with bonus issue of PESTECH shares of RM0.50 each, any shareholder who is entitled to receive PESTECH bonus issue shares, may sell any or all of his PESTECH shares arising from the bonus issue beginning the Ex-Date (8 July 2014).

    For example, if Mr X purchases 300 PESTECH shares on cum basis on 7 July 2014, Mr X should receive 300 shares on 10 July 2014. As a result of the bonus issue, a total of 500 PESTECH shares will be credited into Mr X's CDS account on the night of 10 July 2014 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 500 on or after the Ex-Date ie from 8 July 2014 onwards."



Announcement Info

Company NamePESTECH INTERNATIONAL BERHAD  
Stock Name PESTECH
Date Announced27 Jun 2014  
CategoryListing Circular
Reference NoRN-140627-44236