MYEG - Notice of Book Closure MY E.G. SERVICES BERHAD
Distribution of 69,750,000 ordinary shares in Agmo Holdings Berhad ("Agmo"), representing MY E.G. Services Berhad's ("Company") 21.5% equity interest in Agmo, held through MY E.G. Capital Sdn Bhd (a wholly-owned subsidiary of the Company), to the entitled shareholders of the Company by way of dividend-in-specie
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 17 Feb 2023 2) The last date of lodgment : 20 Feb 2023
Remarks :
We refer to the announcement dated 23 December 2022 in relation to the dividend-in-specie ("Dividend-in-Specie") as well as the circular to shareholders of the Company in relation to the Dividend-in-Specie dated 4 January 2023 ("Circular"). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcement and the Circular.
The shareholders of the Company whose names appear in the Record of Depositors of the Company as at 5:00 p.m. on Monday, 20 February 2023 ("Entitlement Date") shall be entitled to the first tranche of the Dividend-in-Specie ("Entitled Shareholders"). The Entitled Shareholders will receive their entitlements at no cost.
Based on the total issued share capital of the Company of 7,437,975,678 Shares (excluding 39,595,400 treasury shares), the Distributable Shares are expected to be distributed on the basis of approximately 0.0093 Agmo Share for every 1 Share held by Entitled Shareholders on the Entitlement Date. For illustrative purpose, an Entitled Shareholder holding 10,000 Shares will be entitled to receive 93 Agmo Shares from the Dividend-in-Specie.
Announcement Info Company Name MY E.G. SERVICES BERHAD Stock Name MYEG Date Announced 20 Jan 2023 Category Listing Circular Reference Number ILC-20012023-00001
0010 IRIS IRIS CORPORATION BHD Change in Boardroom Date of Change: 31/01/2023 Type of Change: Resignation Designation: Chairman Directorate: Ind & N/Exec Name: NIK MOHAMED BIN NIK YAACOB Age: 74 Country: Nationality: Malaysia Qualifications: Working Experience and Occupation: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Directorship of public companies (if any): Family relationship with any director and/or major shareholder of the listed issuer: None Details of any interest in the securities of the listed issuer or its subsidiaries: Deemed interested by virtue of Section 59(11)(c) of the Companies Act 2016 via Tan Sri's spouse, Puan Sri Aida Aladad Khan direct shareholdings of 12,000 ordinary shares in IRIS. Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
31/01/2023 07:00 AM
Ref Code: 202301313300150
0010 IRIS IRIS CORPORATION BHD OTHERS OTHERS IRIS CORPORATION BERHAD ("IRIS" OR "THE COMPANY")PROPOSED DISPOSAL OF 80% EQUITY INTEREST IN IRIS INFORMATION TECHNOLOGY SYSTEMS SDN BHD FOR A CASH CONSIDERATION OF RM70 MILLION ("PROPOSED DISPOSAL") You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
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Uncertainty casted over its immigration biz; TP cut We had a conversation with the management following the news implying MyEG will no longer be involved in the nation’s immigration system by 2025. The related concession business comprises c.10% of MyEG’s FY23E revenue, and its ancillary business could also be impacted. We make no change to our earnings forecasts, though our TP is cut to MYR1.01 (-26%) as we change our valuation methodology to SOTP (PER previously). Maintain BUY; its new businesses could grow to fill the void by then.
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berbolabiru
178 posts
Posted by berbolabiru > 2023-02-16 08:05 | Report Abuse
PDPA lgi bang