Notice Of Bonus & Share Split

LISTING'S CIRCULAR NO. L/Q : 72437 OF 2015

1) Bonus issue of up to 80,000,000 ordinary shares of RM0.50 each in BHS Industries Berhad (“BHS Shares”) (“Bonus Shares”) on the basis of one (1) Bonus Share for every one (1) existing BHS Share (“Bonus Issue of Shares”) and

2) Share split involving the subdivision of every one (1) ordinary share of RM0.50 each in BHS Industries Berhad (“BHS Shares”) (i.e. existing and new BHS Shares to be issued pursuant to the bonus issue of one (1) Bonus Shares for every one (1) existing BHS Share (“Bonus Shares”) into two (2) ordinary shares of RM0.25 each (“Subdivided Shares”).

Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - All" ]
as from : [24 February 2015 ]

2) The last date of lodgement : [26 February 2015 ]

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

a) Selling Broker to deduct [1/2] of the Selling Price against the Selling Client.

b) Buying Broker to deduct [50%] of the Purchase Price against the Buying Client.

c) Between Broker and Broker, the deduction of [1/2] of the Transacted Price is applicable.


REMARKS 1) :- The Bonus Issue of Shares will be undertaken concurrently with the Share Split. The Share Split will be undertaken after the issuance of the Bonus Shares pursuant to the Bonus Issue. Hence, the Bonus Shares to be issued shall be in the form of the Subdivided Shares.

The listing and quotation for the Bonus Shares (ie. Subdivided Shares) on the Main Market of Bursa Malaysia Securities Berhad ("Main Market") shall take place on 27 February 2015, being the next market day immediately following the entitlement date.

The share registrar of BHS is expected to issue and despatch the notice of allotment to all the entitled shareholders whose name appear in the Record of Depositors of BHS on the entitlement date within four (4) market days after the date the Bonus Shares (i.e. Subdivided Shares) are listed and quoted on the Main Market.

REMARKS 2) :- The Share Split will be undertaken concurrently with the Bonus Issue of Shares. The Share Split will be undertaken after the issuance of the Bonus Shares pursuant to the Bonus Issue of Shares.

The Subdivided Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (“Main Market”) on 27 February 2015, being the next market day immediately following the entitlement date.

The registrar of BHS is expected to issue and despatch the notice of allotment to all the entitled shareholders whose name appear in the Record of Depositors of BHS on the entitlement date within four (4) market days after the date of the Subdivided Shares are listed and quoted on the Main Market.


Remarks 3) :- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 27 February 2015 with Bonus issue and Share split of BHS shares of RM 0.25 each, any shareholder who is entitled to receive BHS Bonus issue and Share split shares, may now sell any or all of his BHS shares arising from the Bonus issue and Share split beginning the Ex-Date (24 February 2015).

For example, if Mr X purchases 100 BHS shares on cum basis on 23 February 2015, Mr X should receive 100 shares on 26 February 2015. As a result of the Bonus issue and Share split, a total of 400 BHS shares will be credited into Mr X's CDS account on the night of 26 February 2015 being the Book Closing Date. Therefore, Mr X can sell the Bonus issue and Share split shares of 400 on or after the Ex-Date ie from 24 February 2015 onwards."

Announcement Info