Notice Of Bonus Entitlement
LISTING'S CIRCULAR NO. L/Q : 43586 OF 2007
Bonus Issue of up to 13,266,825 new ordinary shares of RM1.00 each ("Shares") ("Bonus Shares") in KKB Engineering Berhad ("KKB"), credited as fully paid-up on the basis of one (1) Bonus Share for every four (4) existing Shares held in KKB ("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 June 2007 ]
2) The last date of lodgement : [ 12 June 2007 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/5 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 20% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/5 ] of the Transacted Price is applicable.
Remarks,
"Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 13 June 2007 with bonus issue of KKB shares of RM1.00 each, any shareholder who is entitled to receive KKB bonus issue shares, may sell any or all of his KKB shares arising from the bonus issue beginning the Ex-Date (8 June 2007).
For example, if Mr X purchases 400 KKB shares on cum basis on 7 June 2007, Mr X should receive 400 shares on 12 June 2007. As a result of the bonus issue, 500 KKB shares will be credited into Mr X's CDS account on the night of 12 June 2007 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 June 2007 onwards."
Announcement Info
Company Name |
KKB ENGINEERING BERHAD |
Stock Name |
KKB |
Date Announced |
29 May 2007 |
Category |
Listing Circular |
Reference No |
ZY-070529-35157 |