Offer for Sale e.g. Warrants

[PANTECH] Offer for Sale on 04-Feb-2025

Announcement Date: 17-Jan-2025
Related Stock:
PANTECH
PANTECH GROUP HOLDINGS BHD
Share Registrar:
PANTECH
PANTECH GROUP HOLDINGS BHD
Amount

0.0000 : 0.0000

  • Ex Date
    04-Feb-2025
  • Entitlement Date
    05-Feb-2025
Description
Restricted offering of 35,000,000 new ordinary shares in Pantech Global Berhad ("Pantech Global")("IPO Shares") to the entitled shareholders of Pantech Group Holdings Berhad ("Pantech") in conjunction with the listing of Pantech Global on the Main Market of Bursa Malaysia Securities Berhad ("Restricted Offering")

About PANTECH GROUP HOLDINGS BHD
Pantech Group Holdings Bhd is engaged in investment holding and provision of management services. The company has three operating segments: Trading; Manufacturing and Investment holding. It derives most of its revenues from the Trading segment. The Trading segment is engaged in trading, supply and stocking of high pressure seamless and specialized steel pipes, fittings, flanges, valves and other related products for use in the oil and gas. The Manufacturing segment is engaged in manufacturing and supply of butt-welded carbon steel fittings, stainless steel, and alloy pipes, fittings and related products, as well as milling, machining and welding of tube and pipe fitting. The Investment holding segment is engaged in investment holding, property investment and management service.

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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