DPS
Share Consolidation
| DPS RESOURCES BERHAD |
| Entitlement subject | Share Consolidation |
| Entitlement description | CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN DPS RESOURCES BERHAD ("COMPANY") ("DPS SHARE(S)") HELD AS AT 5.00 P.M. ON 25 JULY 2023 ("ENTITLEMENT DATE") INTO 1 DPS SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION") |
| Ex-Date | 24 Jul 2023 |
| Entitlement date | 25 Jul 2023 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Mar 2024 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 25 Jul 2023 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Ratio |
| Par Value (if applicable) | Malaysian Ringgit (MYR) 0.0000 |
Entitlement Details
| Company Name | Ratio (New : Existing) |
Available/Listing Date | Fractional Entitlement |
| DPS RESOURCES BERHAD | 1.0000 : 5.0000 | 26 Jul 2023 | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320849000 Fax:0320949940 |
| Remarks : |
The Share Consolidation entails the consolidation of 5 DPS Shares held on the Entitlement Date into 1 Consolidated Share.
The actual number of Consolidated Shares will be determined based on the number of DPS Shares in issue on the Entitlement Date. Fractional entitlement for the Consolidated Shares, if any, will be disregarded and dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit, expedient and in the best interest of the Company.
The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 26 July 2023 ("Listing Date"), being the next market day following the Entitlement Date.
The notice of allotment of the Consolidated Shares will be issued and despatched to the Company's shareholders at the addresses set out in the Record of Depositors of the Company as at the Entitlement Date within 4 market days after the Listing Date.
The Share Consolidation will result in a reduction in the number of DPS Shares available in the market and the trading price of DPS Shares will be adjusted accordingly in proportion to the basis of the Share Consolidation.
This announcement is dated 10 July 2023. |
Announcement Info
| Company Name | DPS RESOURCES BERHAD |
| Stock Name | DPS |
| Date Announced | 10 Jul 2023 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-05072023-00002 |
| Corporate Action ID | MY230705SPLR0001 |