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3A - Notice of Bonus Entitlement
|Date Announced||:||12 May 2017|
BONUS ISSUE OF 98,400,004 NEW ORDINARY SHARES IN THREE-A RESOURCES BERHAD ("3A") ("3A SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 4 3A SHARES HELD AT 5.00 P.M. ON 25 MAY 2017 ("ENTITLEMENT DATE").
Kindly be advised of the following :
1)The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 23 May 2017
2)The last date of lodgment : 25 May 2017
3)Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
Remarks 1:- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 25 May 2017 with bonus issue of 3A shares, any shareholder who is entitled to receive 3A bonus issue shares, may sell any or all of his 3A shares arising from the bonus issue beginning the Ex-Date (23 May 2017).
For example, if Mr X purchases 400 3A shares on cum basis on 22 May 2017, Mr X should receive 400 shares on 25 May 2017. As a result of the bonus issue, a total of 500 3A shares will be credited into Mr X's CDS account on the night of 25 May 2017 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 500 on or after the Ex-Date ie from 23 May 2017 onwards."
Remarks 2: The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (Bursa Securities) on 26 May 2017, being 1 market day after the Entitlement Date. 3As Share Registrar will issue and despatch the notices of allotment for the Bonus Shares to the entitled shareholders whose names appear in the Record of Depositors of 3A on the Entitlement Date by 1 June 2017, being 4 market days after the listing of the Bonus Shares on the Main Market of Bursa Securities. Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant.