BP Plastics Holding Berhad







< Back

 

BONUS ISSUE OF UP TO 63,449,750 NEW ORDINARY SHARES OF RM0.50 EACH IN BP PLASTICS HOLDING BHD ("BPPLAS SHARES") TO BE ISSUED AND CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) NEW BPPLAS SHARE FOR EVERY TWO (2) BPPLAS SHARES ("BONUS ISSUE")

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - Bonus Issue" ]
     as from : [ 4 July 2008 ]

2) The last date of lodgement : [ 8 July 2008 ]

3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers 
     concerned :-

a) Selling Broker to deduct [ 1/3 ] , of the Selling Price against the Selling Client.

b) Buying Broker to deduct [ 33.33% ] of the Purchase Price against the Buying Client.

c) Between Broker and Broker, the deduction of [ 1/3 ] of the Transacted Price is applicable.

Remarks :-

"Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 9 July 2008 with bonus issue of BPPLAS shares of RM0.50 each, any shareholder who is entitled to receive BPPLAS bonus issue shares, may sell any or all of his BPPLAS shares arising from the bonus issue beginning the Ex-Date (4 July 2008).

For example, if Mr X purchases 200 BPPLAS shares on cum basis on 3 July 2008, Mr X should receive 200 shares on 8 July 2008. As a result of the bonus issue, 300 BPPLAS shares will be credited into Mr X's CDS account on the night of 8 July 2008 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 300 on or after the Ex-Date ie from 4 July 2008 onwards."
 

 

   
 
2005-06 © BP Plastics Holding Bhd