News
Notice Of Bonus Entitlement
BackOct 28, 2011
LISTING'S CIRCULAR NO. L/Q : 62869 OF 2011
Bonus issue of 654,252,472 new ordinary shares of RM0.50 each in Rimbunan Sawit Berhad (“RSB”) (“Bonus Shares”) on the basis of 1 Bonus Share for every 1 existing ordinary share of RM0.50 each held in RSB (“RSB Share”) at 5.00 p.m. on 11 November 2011 (“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 : [ 9 November 2011 ]
2) The last date of lodgement : [ 11 November 2011 ]
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 14 November 2011 with bonus issue of RSAWIT shares of RM0.50 each, any shareholder who is entitled to receive RSAWIT bonus issue shares, may sell any or all of his RSAWIT shares arising from the bonus issue beginning the Ex-Date ( 9 November 2011).
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For example, if Mr X purchases 100 RSAWIT shares on cum basis on 8 November 2011, Mr X should receive 100 shares on 11 November 2011. As a result of the bonus issue, a total of 200 RSAWIT shares will be credited into Mr X's CDS account on the night of 11 November 2011 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 200 on or after the Ex-Date ie from 9 November 2011 onwards."
Announcement Info
Company Name | RIMBUNAN SAWIT BERHAD |
Stock Name | RSAWIT |
Date Announced | 28 Oct 2011 |
Category | Listing Circular |
Reference No | RN-111028-39845 |