Capital Repayment
| EONMETALL GROUP BERHAD |
| Entitlement Subject | Capital Repayment |
| Entitlement Description | Selective capital reduction and repayment exercise of Eonmetall Group Berhad ("EGB") pursuant to Section 116 of the Companies Act, 2016 ("SCR"). Pursuant to the SCR, all the shareholders of EGB (other than Eonmetall Corporation Sdn Bhd and Dato' Goh Cheng Huat, collectively referred to as the Non-Entitled Shareholders) whose names appear on the Record of Depositors ("ROD") and/or register of members of EGB as at the Entitlement Date (as set out below), will receive a cash consideration of RM0.45 for each EGB Share (as defined below) held on the Entitlement Date. |
| Suspension of Trading | Yes |
| Last Trading Date | 03 Nov 2026 |
| Last Trading Time | 05:00 PM |
| Date of Suspension | 04 Nov 2026 |
| Time of Suspension | 09:00 AM |
| Ex-Date | 04 Nov 2026 |
| Entitlement Date | 05 Nov 2026 |
| Entitlement Time | 05:00 PM |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment Date | 13 Nov 2026 |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 05 Nov 2026 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Currency |
| Announced currency | Malaysian Ringgit (MYR) |
| Disbursed currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | Malaysian Ringgit (MYR) 0.4500 |
| Par Value (if applicable) |
| Registrar or Service Provider name, address, telephone no |
SECURITIES SERVICES (HOLDINGS) SDN BHD (PENANG) Suite 18.05, MWE Plaza No. 8 Lebuh Farquhar 10200 Pulau Pinang Malaysia Tel:042631966 Fax:042628544 |
| Remarks : |
Under the SCR, all the shareholders of EGB (other than the Non-Entitled Shareholders), whose names appear on the ROD and/or register of members of EGB on the Entitlement Date (as set out above) ("Entitled Shareholders") shall be entitled to receive a cash consideration of RM0.45 for each existing ordinary share in EGB ("EGB Shares") held by the Entitled Shareholders ("SCR Offer Price") on the Entitlement Date.
The settlement of the SCR Offer Price will be effected via electronic remittance to the Entitled Shareholders' eDividend accounts duly registered with Bursa Malaysia Depository Sdn Bhd within 10 days from the date on which the office copy of the sealed order granted by the High Court of Malaya dated 15 October 2026 confirming the reduction of the issued share capital of EGB for the SCR pursuant to Section 116 of the Companies Act, 2016 ("Act") ("High Court Order") is lodged with the Registrar of Companies pursuant to subsection 116(6) of the Act ("Effective Date"). For the Entitled Shareholders who do not maintain eDividend accounts, the settlement of the SCR Offer Price will be effected via remittance in the form of cheques, banker's drafts and/or cashier's orders which will be despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders' registered addresses last maintained with Bursa Malaysia Depository Sdn Bhd or in the register of members (where applicable) at their own risk within 10 days from the Effective Date.
An office copy of the High Court Order will be lodged with the Registrar of Companies pursuant to subsection 116(6) of the Act on the Entitlement Date and consequently, the settlement of the SCR Offer Price will be effected on Friday, 13 November 2026.
The trading of EGB Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will be suspended with effect from 9.00 a.m. on Wednesday, 4 November 2026, being 1 market day prior to the Entitlement Date. Accordingly, the last date and time for trading of EGB Shares on the Main Market of Bursa Securities prior to the suspension will be at 5.00 p.m. on Tuesday, 3 November 2026.
EGB Shares will no longer be traded on the Main Market of Bursa Securities following its suspension on Wednesday, 4 November 2026. For the avoidance of doubt, the trading of EGB Shares will continue to be suspended until the delisting of EGB from the Official List of Bursa Securities following the completion of the SCR.
The notice to shareholders in relation to the suspension of trading of EGB Shares on the Main Market of Bursa Securities and the Entitlement Date for the SCR will be despatched to EGB's shareholders on Thursday, 22 October 2026.
Any enquiries concerning this notice of book closure should be addressed to the share registrar of EGB at the abovementioned contact details.
This announcement is dated 21 October 2026. |
Announcement Info
| Company Name | EONMETALL GROUP BERHAD |
| Stock Name | EMETALL |
| Date Announced | 21 Oct 2026 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-15102026-00001 |
| Corporate Action ID | MY261015CAPD0001 |