Bonus Issue

[MINOX] Bonus Issue on 03-Feb-2025

Announcement Date: 16-Jan-2025
Related Stock:
MINOX
MINOX INTERNATIONAL GROUP BERHAD
Share Registrar:
MINOX
MINOX INTERNATIONAL GROUP BERHAD
FY: 31-Dec-2025
Amount

1.0000 : 2.0000

  • Ex Date
    03-Feb-2025
  • Entitlement Date
    04-Feb-2025
Description
BONUS ISSUE OF 180,000,000 WARRANTS IN MINOX (“WARRANTS”) ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN MINOX HELD BY THE ENTITLED SHAREHOLDERS OF MINOX AT 5:00 P.M. ON 4 FEBRUARY 2025

About MINOX INTERNATIONAL GROUP BERHAD
Minox International Group Berhad is a Malaysia-based company, which is engaged in the distribution of stainless-steel sanitary valves, and tubes and fittings. The Company is also engaged in installation of components and equipment. The Company offers its rubber hoses under its MINOX brand. The Company offers a comprehensive range of products, which ranges from different types and specifications (size, dimension and material grade) that cater to its industrial end-customers' diverse requirements. The Company's segments include Tubes & fittings, Valves, Installation components & equipment, Rubber hoses, and Other related products. The Company supplies its products to industrial end customers either directly, or indirectly through project consultants or contractors who are responsible for the design, development and installation of the production lines.

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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