Entitlement(Notice of Book Closure)
19/03/2021Share Consolidation
| SANICHI TECHNOLOGY BERHAD |
| Entitlement subject | Share Consolidation |
| Entitlement description | CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") ("SANICHI SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 2 APRIL 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") |
| Ex-Date | 01 Apr 2021 |
| Entitlement date | 02 Apr 2021 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Dec 2021 |
| 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 | 02 Apr 2021 |
| 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. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Ratio |
| Par Value (if applicable) | |
Entitlement Details
| Company Name | Ratio (New : Existing) |
Available/Listing Date | Fractional Entitlement |
| SANICHI TECHNOLOGY BERHAD | 1.0000 : 10.0000 | 05 Apr 2021 | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
| Remarks : |
The Share Consolidation involves the consolidation of every 10 existing Shares into 1 Consolidated Share as at 5.00 p.m. on 2 April 2021, being the entitlement date for the Share Consolidation.
The actual number of Consolidated Shares to be issued would depend on the issued share capital of the Company on the entitlement date for the Share Consolidation. Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and dealt with by the Board of Directors of the Company at its absolute discretion in such manner as it may deem fit or expedient and in the best interest of the Company.
The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 5 April 2021, being the next market day following the entitlement date for the Share Consolidation. The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders within 4 market days after the date of listing and quotation of the Consolidated Shares on the ACE Market of Bursa Securities.
This announcement is dated 19 March 2021. |
Announcement Info
| Company Name | SANICHI TECHNOLOGY BERHAD |
| Stock Name | SANICHI |
| Date Announced | 19 Mar 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-19032021-00005 |
| Corporate Action ID | MY210319SPLR0001 |
Related Announcements for SANICHI
| Date | Title |
|---|---|
| 09/04/2021 | Important Relevant Dates for Renounceable Rights |
| 09/04/2021 | Rights Issue |
| 22/03/2021 | Share Consolidation |
| 05/11/2018 | Rights Issue |
| 31/08/2017 | Share Consolidation |
| 18/08/2017 | Share Consolidation |
| 31/05/2016 | Rights Issue |
| 04/05/2016 | Share consolidate |