Notice Of Bonus Entitlement

Dec 09, 2024

 

Bonus issue of up to 2,978,945,287 new ordinary shares in Gamuda Berhad ("Gamuda") ("Gamuda Shares") ("Bonus Shares") on the basis of 1 Bonus Share for every 1 existing Gamuda Share held as at 5.00 p.m. on 20 December 2024 ("Entitlement Date")

 

Kindly be advised of the following :

1) The above Company’s securities will be traded and quoted “[EX-BONUS ISSUE]” as from: 19 Dec 2024
2) The last date of lodgment : 20 Dec 2024
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 Selling Price against the Selling Client
          b) Buying Broker to deduct 50.0%, of Purchase Price against the Buying Client
          c) Between Broker and Broker, the deduction of 1/2, of the Transacted Price is applicable.


Remarks 1: 
Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 20 Dec 2024 with bonus issue of GAMUDA shares, any shareholder who is entitled to receive GAMUDA bonus issue shares, may sell any or all of his GAMUDA shares arising from the bonus issue beginning the Ex-Date (19 Dec 2024).

 

For example, if Mr X purchases 100 GAMUDA shares on cum basis on 18 Dec 2024, Mr X should receive 100 shares on 20 Dec 2024. As a result of the bonus issue, an additional of 100 GAMUDA shares will be credited into Mr X's CDS account on the night of 20 Dec 2024 being the Book Closing Date. Therefore, Mr X can sell a total of 200 GAMUDA shares on or after the Ex-Date i.e. from 19 Dec 2024 onwards.

 

Remarks 2: 
The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 23 December 2024, being the next market day after the Entitlement Date on 20 December 2024.

The notices of allotment will be issued and dispatched to all entitled shareholders of Gamuda not later than 4 market days after the date of the listing and quotation of the Bonus Shares on the Main Market of Bursa Securities.

 

 

Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 09 Dec 2024
Category Listing Circular
Reference Number ILC-09122024-00004