Bonus Issue

[EITA] Bonus Issue on 27-Jan-2021

Announcement Date: 14-Jan-2021
Related Stock:
EITA
EITA RESOURCES BERHAD
Share Registrar:
EITA
EITA RESOURCES BERHAD
Amount

1.0000 : 1.0000

  • Ex Date
    27-Jan-2021
  • Entitlement Date
    29-Jan-2021
Description
Bonus issue of shares up to 130,000,000 new ordinary shares in EITA Resources Berhad ("EITA") ("EITA Share(s)") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 1 existing EITA Share held as at 5:00p.m. on 29 January 2021 ("Entitlement Date") ("Bonus Issue of Shares")

About EITA RESOURCES BERHAD
EITA Resources Bhd is in involved in the provision of management services and procurement of contracts. It is also an investment holding company. The business of the company operates through various segments that are Design and Manufacturing, which includes purchasing, designing, and manufacturing of elevator and bus duct; Marketing and Distribution, which includes purchasing, marketing and distributing electrical and electrical components; and Services, which includes maintenance of elevator systems and carrying out civil, electrical, and general construction works. The Design and Manufacturing segment generates maximum revenue for the company.

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:

Market Buzz
Discussions
Be the first to like this. Showing 2 of 2 comments

superpenny

waiting 27 jan

2021-01-21 10:08

Novice296

why there is only a few comments here LOL. EITA seems to be a good stock, EPS is quite high.

2021-01-22 16:33

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