NOTICE OF BONUS ENTITLEMENT
Bonus issue of up to 12,801,400 new ordinary shares of RM1.00 each in P.I.E. Industrial Berhad (“PIB”) (“PIB Share(s)” or “Share(s)”) (“Bonus Share(s)”) to be credited as fully paid-up on the basis of one (1) Bonus Share for every five (5) existing PIB Shares held as at 5.00 p.m. on 12 June 2014 (“Entitlement Date”) (“Bonus Issue”).
Kindly be advised of the following :
1) The above Company’s securities will be traded and quoted [Ex – Bonus Issue ] as from : [ 10 June 2014 ]
2) The last date of lodgement : [ 12 June 2014 ]
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.
Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 13 June 2014 with Bonus issue of PIE shares of RM1.00 each, any shareholder who is entitled to receive PIE Bonus issue shares, may sell any or all of his PIE shares arising from the Bonus issue beginning the Ex-Date (10 June 2014).
For example, if Mr X purchases 500 PIE shares on cum basis on 9 June 2014, Mr X should receive 500 shares on 12 June 2014. As a result of the Bonus issue, a total of 600 PIE shares will be credited into Mr X’s CDS account on the night of 12 June 2014 being the Book Closing Date. Therefore, Mr X can sell the Bonus issue shares of 600 on or after the Ex-Date ie from 10 June 2014 onwards.