Bonus Issue

[MBL] Bonus Issue on 01-Jun-2023

Announcement Date: 01-Jun-2023
Related Stock:
MBL
MUAR BAN LEE GROUP BERHAD
Share Registrar:
MBL
MUAR BAN LEE GROUP BERHAD
FY: 31-Dec-2023
Amount

1.0000 : 2.0000

  • Ex Date
    16-Jun-2023
  • Entitlement Date
    19-Jun-2023
Description
MUAR BAN LEE GROUP BERHAD ("MBL" or "COMPANY") BONUS ISSUE OF 113,767,950 WARRANTS IN MBL ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN MBL HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 JUNE 2023

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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