Bonus Issue

[TRIVE] Bonus Issue on 04-Oct-2024

Announcement Date: 20-Sep-2024
Related Stock:
TRIVE
TRIVE PROPERTY GROUP BERHAD
Share Registrar:
TRIVE
TRIVE PROPERTY GROUP BERHAD
FY: 31-Jul-2024
Amount

2.0000 : 5.0000

  • Ex Date
    04-Oct-2024
  • Entitlement Date
    07-Oct-2024
Description
TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") BONUS ISSUE OF 505,455,476 WARRANTS ("WARRANTS D") ON THE BASIS OF 2 WARRANTS D FOR EVERY 5 EXISTING TRIVE SHARES HELD AS AT 5.00 P.M. ON 7 OCTOBER 2024 ("BONUS ISSUE OF WARRANTS")

About TRIVE PROPERTY GROUP BERHAD
Trive Property Group Bhd through its subsidiaries is engaged in the research and development, designing and marketing of battery management system for rechargeable energy storage solutions and construction and property development. It primarily operates through Trading, Manufacturing, Construction, and Investment holding segments. Its Trading segment is engaged in the selling of solar panel and related products. Its Manufacturing segment is engaged in the manufacture, assembly, and marketing of battery management system. In addition, it is also involved in investment holding activity which refers to investment in quoted and unquoted shares. Geographically, the business presence of the firm is seen across Malaysia, Hong Kong, and Singapore region.

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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