Bonus Issue

[BPLANT] Bonus Issue on 26-Apr-2018

Announcement Date: 16-Apr-2018
Related Stock:
BPLANT
BOUSTEAD PLANTATIONS BHD
Share Registrar:
BPLANT
BOUSTEAD PLANTATIONS BHD
Amount

2 : 5

  • Ex Date
    26-Apr-2018
  • Entitlement Date
    30-Apr-2018
Description
BONUS ISSUE OF 640,000,000 NEW ORDINARY SHARES IN BOUSTEAD PLANTATIONS BERHAD ("BPB") ("BPB SHARES") ("BONUS SHARES") ON THE BASIS OF 2 BONUS SHARES FOR EVERY 5 EXISTING BPB SHARES HELD AS AT 5:00 P.M. ON 30 APRIL 2018 ("ENTITLEMENT DATE") ("BONUS ISSUE")

About BOUSTEAD PLANTATIONS BHD
Boustead Plantations Bhd owns oil palm plantations in Southeast Asia. It cultivates oil palm and harvests fresh fruit bunches (each bunch is taken from an oil palm tree and can contain several hundred individual fruits) throughout its fields. Research and development investments range from improving crop transportation to developing new oil palm breeds. The company produces and sells crude palm oil, palm kernel, and fresh fruit bunches to maintain flexibility with customers. Additionally, it provides mill design and consultancy services. Examinations play an integral role to the consultancy services and enhance plant production capabilities.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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