MESB – Notice of Book Closure
1) Share split involving the subdivision of every two (2) existing ordinary shares in MESB Berhad (“MESB” or the “Company”) into three (3) ordinary shares in MESB (“Resultant Shares”) at 5.00 p.m. on 27 December 2017 (“Share Split”)Share split involving the subdivision of every two (2) existing ordinary shares in MESB Berhad (“MESB” or the “Company”) into three (3) ordinary shares in MESB (“Resultant Shares”) at 5.00 p.m. on 27 December 2017 (“Share Split”)
2) Bonus issue of 40,950,000 free warrants in MESB Berhad (“MESB” or the “Company”) (“Warrants”) on the basis of one (1) Warrant for every two (2) ordinary shares held in MESB after the Share Split at 5.00 p.m. on 27 December 2017 (“Bonus Issue of Warrants”).
Kindly be advised of the following:
1) The above Company’s securities will be traded and quoted “Ex – All” as from: 22 Dec 2017
2) The last date of lodgment : 27 Dec 2017.
Remarks 1: “Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 27 December 2017 with share split MESB shares. Any shareholder who is entitled to receive MESB share split shares, may sell any or all of his MESB shares arising from the share split beginning the Ex-Date (22 December 2017).
For example, if Mr X purchases 100 MESB shares on cum basis on 21 December 2017, Mr X should receive 100 shares on 27 December 2017. As a result of the share split, 150 MESB shares will be credited into Mr X’s CDS account on the night of 27 December 2017 being the Book Closing Date. Therefore, Mr X can sell the share split shares of 150 on or after the Ex-Date ie from 22 December 2017 onwards.
Remarks 2: i) Unless otherwise defined, all terms used shall have the same meanings as those defined in the Company’s announcement dated 19 October 2017 in relation to the Share Split. The notices of allotment will be issued and despatched to the entitled shareholders at the address as per the Record of Depositors of MESB within four (4) market days after the date of listing and quotation for the Resultant Shares on the Main Market of Bursa Securities. Entitled shareholders are not required to take any action. The Resultant Shares will be listed and quoted on the Main Market of Bursa Securities on 28 December 2017, being the next market day after the entitlement date for the Share Split.
ii) Unless otherwise defined, all terms used shall have the same meanings as those defined in the Company’s announcement dated 19 October 2017 in relation to the Bonus Issue of Warrants. The actual number of Warrants to be issued would depend on the issued share capital of MESB after the Share Split on 27 December 2017. The Warrants will be credited into the entitled shareholders central depository system accounts and notices of allotment will be issued and despatched to the entitled shareholders at the address as per the Record of Depositors of MESB within four (4) market days after the date of listing and quotation for the Warrants on the Main Market of Bursa Securities. Entitled shareholders are not required to take any action. The Warrants will be listed and quoted on the Main Market of Bursa Securities within two (2) market days after an application for the quotation of the Warrants is submitted to Bursa Securities.