TAS Offshore Bhd through its subsidiaries engages in shipbuilding and ship repairing business. The company has its shipyard located along the river bank of Igan River at Sungai Bidut, Sibu and has shipyards in China for the construction of offshore support vessels. Its shipbuilding portfolio includes tugboats, harbour tugs, anchor handling tugs, anchor handling tug supply vessels, utility/support vessels, barges, ferries, and workboats. Its ship repair services include marine engine, machinery, and equipment, piping and wiring inspection and maintenance, repainting, repair damage from collision and accidents and install equipment. Its shipbuilding activities include superstructure construction, installation of power system, communication, navigation, and surveillance systems.

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.