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TRC ex-date

posted 12 Jul 2011, 05:48 by Zam Mlk
    1) Subdivision of every one (1) existing ordinary share of RM1.00 each held in TRC Synergy Berhad ("TRC") into two (2) ordinary shares of RM0.50 each in TRC ("Subdivided Share(s)") ("Share Split").

    2) Bonus Issue of up to 95,303,680 new ordinary shares of RM0.50 each ("Subdivided Share(s)") ("Bonus Share(s)") in TRC Synergy Berhad ("TRC") after the Share Split on the basis of one (1) Bonus Share for every five (5) Subdivided Shares ("Bonus Issue of Shares").

    3) Bonus issue of up to 114,364,416 free warrants in TRC Synergy Berhad ("TRC") ("Warrants B") after the Share Split and Bonus Issue of Shares on the basis of one (1) free Warrant B for every five (5) ordinary shares of RM0.50 each in TRC ("Bonus Issue of Warrants")

    Kindly be advised of the following : 

    1) The above Company's securities will be traded and quoted [ "Ex - All" ] 
    as from : [ 13 July 2011 ] 

    2) The last date of lodgement : [ 15 July 2011 ] 

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :- 

    a) Selling Broker to deduct [ 1/6 ] , of the Selling Price against the Selling Client. 

    b) Buying Broker to deduct [ 16.66% ] of the Purchase Price against the Buying Client. 

    c) Between Broker and Broker, the deduction of [ 1/6 ] of the Transacted Price is applicable. 
Remarks :- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 18 July 2011 with Share split and Bonus issue of TRC shares of RM0.50 each, any shareholder who is entitled to receive TRC Share split and Bonus issue shares, may now sell any or all of his TRC shares arising from the Share split and Bonus issue beginning the Ex-Date ( 13 July 2011 ).
    For example, if Mr X purchases 500 TRC shares on cum basis on 12 July 2011, Mr X should receive 500 shares on 15 July 2011 As a result of the Share split and Bonus issue, a total of 1200 TRC shares will be credited into Mr X's CDS account on the night of 15 July 2011 being the Book Closing Date.
    Therefore, Mr X can sell the Share split and Bonus issue shares of 1200 on or after the Ex-Date ie from 13 July 2011 onwards."