Time Dotcom Bhd. · MYX:TIMECOM
Time Dotcom Bhd — Shareholder Meeting (July 2021)
7 slides from Time Dotcom Bhd's shareholder meeting presentation, Jul 22, 2021
Slide 1: Extraordinary General Meeting 22 July 2021
TINA EXTRAORDINARY GENERAL MEETING 22™ JULY 2021
Slide 2: Disclaimer
DISCLAIMER This presentation and the discussion following may contain forward looking statements by TIME dotCom Berhad (“TIME”) related to financial, market or industry trends for future period. These forward looking statements involve known and unknown risks and uncertainties which may cause the ac
Slide 3: Background of Proposed Bonus Issue
BACKGROUND OF PROPOSED BONUS ISSUE Two (2) bonus shares for every one (1) share in Time dotCom Berhad held on an Basis Entitlement Date to be determined and announced later. Up to 1,212,483,666 Bonus Shares to be issued based on 604,711,833 existing Issue size TDC Shares as at 30 April 2021. (i) The
Slide 4: Rationale
RATIONALE The Proposed Bonus Issue serves to: (i) increase the number of TDC Shares held by the Entitled Shareholders while maintaining their percentage of equity interest in our Company; and Rationale (ii) potentially enhance the marketability and trading liquidity of TDC Shares on the Main Market
Slide 5: Effect of Bonus Issue
EFFECT OF BONUS ISSUE For illustrative purposes only, the theoretical ex-bonus price of TDC Shares (“TEBP”) after the Proposed Bonus Issue calculated based on the five (5)-day volume weighted average market price (“VWAMP”) of TDC Shares up to and including 30 April 2021 are as follows: Before the Pr
Slide 6: Timeline
TIMELINE Date Events • Extraordinary General Meeting (“EGM”) 22 July 2021 • Announcement of the Outcome of EGM and Notice of Entitlement Date 5 August 2021 • Entitlement Date • Bonus Shares are listed and quoted on the Main Market of Bursa Securities 6 August 2021 • Completion of the Proposed Bonus
Slide 7: Thank You
THANK YOU Should you have any queries, please contact: investor.relations@time.com.my