Bonus issue of 220,000,000 new ordinary shares of RM0.10 each in Prestariang Berhad (“Prestariang”) (“Prestariang Shares”) (“Bonus Shares”) to be credited as fully paid-up on the basis of 1 Bonus Share for every 1 Prestariang Share held by the shareholders of Prestariang as at 5.00 p.m. on 5 May 2014 (“Entitlement Date”) (“Entitled Shareholders”) (“Bonus Issue”).
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ] as from : [30 April 2014]
2) The last date of lodgement : [5 May 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 [ 1/2 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 50% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.
Remarks : "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 6 May 2014 with bonus issue ofPRESBHD shares of RM 0.10 each, any shareholder who is entitled to receivePRESBHD bonus issue shares, may sell any or all of his PRESBHD shares arising from the bonus issue beginning the Ex-Date (30 April 2014).
For example, if Mr. X purchases 100 PRESBHD shares on cum basis on 29 April 2014 , Mr. X should receive 100 shares on 5 May 2014. As a result of the bonus issue, a total of 200PRESBHD shares will be credited into Mr. X's CDS account on the night of 5 May 2014 being the Book Closing Date. Therefore, Mr. X can sell the bonus issue shares of 200 on or after the Ex-Date ie from 30 April 2014 onwards."