Bonus Issue

[MI] Bonus Issue on 04-Dec-2019

Announcement Date: 20-Nov-2019
Related Stock:
MI
MI TECHNOVATION BERHAD
Share Registrar:
MI
MI TECHNOVATION BERHAD
Amount

1 : 2

  • Ex Date
    04-Dec-2019
  • Entitlement Date
    05-Dec-2019
Description
BONUS ISSUE OF UP TO 250,000,000 NEW ORDINARY SHARES IN Mi TECHNOVATION BERHAD ("Mi TECHNOVATION") ("Mi TECHNOVATION SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING Mi TECHNOVATION SHARES HELD AS AT 5:00 PM ON 5 DECEMBER 2019 ("ENTITLEMENT DATE") ("BONUS ISSUE")

About MI TECHNOVATION BERHAD
MI Equipment Holdings Bhd is engaged in design, development, manufacture, and sale of WLCSP sorting machines with inspection and testing capabilities for semiconductor industry. The company is also engaged in the provision of maintenance services and technical support, and sale of related spare parts and components.

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 or after the 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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davidho007

up like rocket

2020-02-21 14:45

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