Tuesday, July 1, 2014
Transcu
Transcu : has a series of corporate actions, but will remain listed as a different entity
- proposed 65-into-1 shares consolidation
- Proposed renounceable non-underwritten 5-for-1 rights issue following completion of the share consolidation, at a post-consolidation issue price of 0.8¢ for each rights share. Each right comes with 1 free detachable warrant (exercise price of 0.9¢)
- thereafter, proposed name change to OLS Enterprise
Corporate actions subject to shareholder approval at EGM - 9 Jul
Timeline to be finalized
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