General Announcement for PLC

25/06/2020

OTHERS Notice to Holders of Warrants 2015/2020 ("Warrants E") of WCT Holdings Berhad ("WCT" or "the Company")

WCT HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
Notice to Holders of Warrants 2015/2020 ("Warrants E") of WCT Holdings Berhad ("WCT" or "the Company")

Reference is made to the Company’s announcement on 25 June 2020 in relation to the entitlement date for the final share dividend via a distribution of treasury shares on the basis of one (1) treasury share for every one hundred (100) existing ordinary shares held in the Company in respect of the financial year ended 31 December 2019, if approved by the Company's shareholders at the forthcoming Ninth Annual General Meeting (“9th AGM”) of the Company, will be credited into the entitled Depositors’ Securities Account on 26 August 2020 (“Share Dividend”). Any fractions arising from the distribution of treasury shares will be disregarded.

 

Please be informed that in order to be entitled to the Share Dividend proposed by the Directors of the Company subject to the approval being obtained from the Company’s shareholders at the forthcoming 9th AGM, holders of Warrants E must first exercise their warrants to subscribe for new ordinary shares in the Company. All duly executed and completed Warrants E Subscription Form together with the appropriate remittance must be received by the Company’s Share Registrar latest by 5.00 p.m. on Tuesday, 28 July 2020 in order for the holders of Warrants E to successfully subscribe for the corresponding number of new ordinary shares in the Company in order to be entitled to the Share Dividend.

 

Subject to the approval of Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) for the transfer of treasury shares under the Share Buy-back Account by bulk transfer method of debiting and crediting, the treasury shares to be distributed under the Share Dividend will be credited into the entitled Depositors’ Securities Account maintained with Bursa Depository on 26 August 2020.

 

This announcement is dated 25 June 2020.






Announcement Info

Company Name WCT HOLDINGS BERHAD
Stock Name WCT-WE
Date Announced 25 Jun 2020
Category General Announcement for PLC
Reference Number GA1-24062020-00051