WD::Share Consolidation::Mandatory
Issuer & Securities
Issuer/ Manager
PNE INDUSTRIES LTD
Security
PNE INDUSTRIES LTD - SG1I60882970 - P07
Announcement Details
Announcement Title
Share Consolidation
Date &Time of Broadcast
24-Jul-2015 17:15:37
Status
Withdraw
Corporate Action Reference
SG150518SPLRF1EL
Submitted By (Co./ Ind. Name)
TAN MENG SIEW
Designation
COMPANY SECRETARY
Event Narrative
Narrative Type
Narrative Text
Disclaimer
The proposed consolidation of every 4 exisitng shares into 1 ordinary share is subject to the approval of the SGX-ST & the approval by shareholders at the EGM (please refer to attachment).
Disbursement Details
Existing Security Details
New Security Details
Security not found
No
Distribution Ratio (New: Old)
1:4
Reason(s) for Withdrawal
Reason(s) for Withdrawal
The announcement made under SG150518SPLRF1EL on 18 May 2015 was to inform the shareholders of the Company s intention to propose consolidating 4 existing ordinary shares into 1 ordinary share. The AIP was granted by SGX-ST on 15 June 2015 and an announcement was made under Corporate Action Reference SG150615SPLRC7QF.
Attachments
ShareConsolidationAnn.pdf
Total size =41K
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18/05/2015 17:26:55