Hextar Global Bhd.MYX: HEXTAR

Bonus issues HEXTAR Global berhad ("HEXTAR" or "company") proposed bonus issue of up to 492,407,738 new ordinary shares in HEXTAR ("bonus share(s)") on the basis of 3 bonus shares for every 5 existing ordinary shares in HEXTAR held at an entitlement date to be determined later ("proposed bonus issue")

· Issued by Hextar Global Bhd.
HEXTAR GLOBAL BERHAD
Type
Announcement
Subject
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
HEXTAR GLOBAL BERHAD ("HEXTAR" OR "COMPANY")

PROPOSED BONUS ISSUE OF UP TO 492,407,738 NEW ORDINARY SHARES IN HEXTAR ("BONUS SHARE(S)") ON THE BASIS OF 3 BONUS SHARES FOR EVERY 5 EXISTING ORDINARY SHARES IN HEXTAR HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")
On behalf of the Board of Directors of Hextar ("Board"), M&A Securities Sdn Bhd ("M&A Securities") wishes to announce that Hextar proposes to undertake a bonus issue of up to 492,407,738 Bonus Shares, on the basis of 3 Bonus Shares for every 5 existing ordinary shares in Hextar ("Hextar Shares" or "Shares") held by the shareholders of the Company whose names appear in the Record of Depositors of the Company on an entitlement date to be determined later ("Entitled Shareholders") ("Entitlement Date") ("Proposed Bonus Issue").
Kindly refer to the attached announcement for further details of the Proposed Bonus Issue.

This announcement is dated 22 February 2021.



Announcement Info
Company Name
HEXTAR GLOBAL BERHAD
Stock Name
HEXTAR
Date Announced
22 Feb 2021
Category
General Announcement for PLC
Reference Number
GA1-22022021-00013


Please refer attachment below.

  1. Hextar_Proposed Bonus Issue 20210222.pdf

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