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Circular To Shareholders In Relation To I. Proposed Bonus Issue Of 367,897,500 New Ordinary Shares In Sarawak Consolidated Industries Berhad ("SCIB" Or The "COMPANY") ("SCIB Share(S)" Or "Share(S)") ("Bonus Share(S)") On The Basis Of 3 Bonus Shares For Every 1 Existing SCIB Share Held On An Entitlement Date To Be Determined And Announced Later ("Bonus Entitlement Date") ("Proposed Bonus Issue Of Shares"); And Ii. Proposed Issuance Of 245,265,000 Free Warrants In SCIB ("WARRANT(S)") On The Basis Of 1 Warrant For Every 2 SCIB Shares Held On An Entitlement Date, Which Is After The Bonus Entitlement Date, To Be Determined And Announced Later ("Proposed Issue Of Free Warrants")
BackOct 30, 2020
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO I. PROPOSED BONUS ISSUE OF 367,897,500 NEW ORDINARY SHARES IN SARAWAK CONSOLIDATED INDUSTRIES BERHAD ("SCIB" OR THE "COMPANY") ("SCIB SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 3 BONUS SHARES FOR EVERY 1 EXISTING SCIB SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("BONUS ENTITLEMENT DATE") ("PROPOSED BONUS ISSUE OF SHARES"); AND II. PROPOSED ISSUANCE OF 245,265,000 FREE WARRANTS IN SCIB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 SCIB SHARES HELD ON AN ENTITLEMENT DATE, WHICH IS AFTER THE BONUS ENTITLEMENT DATE, TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED ISSUE OF FREE WARRANTS") |
Please refer attachment below.
Announcement Info
| Company Name | SARAWAK CONSOLIDATED INDUSTRIES BERHAD |
| Stock Name | SCIB |
| Date Announced | 30 Oct 2020 |
| Category | Document Submission |
| Reference Number | DCS-30102020-00077 |
Attachments
- SCIB_-_Circular_(30_October_2020).pdf (Size: 1,045,836 bytes)
