ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2020/2025 IN ANCOM NYLEX BERHAD (FORMERLY KNOWN AS ANCOM BERHAD) ("ANB" OR THE "COMPANY") ("WARRANTS B") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 21 AUGUST 2020 ("DEED POLL") PURSUANT TO THE SUBDIVISION OF EVERY 1 EXISTING ORDINARY SHARE IN ANB ("ANB SHARE") HELD BY SHAREHOLDERS OF THE COMPANY, WHOSE NAMES APPEAR IN THE RECORD OF DEPOSITORS OF THE COMPANY AS AT 5.00 P.M. ON 3 JUNE 2022 ("ENTITLEMENT DATE"), INTO 3 ANB SHARES ("SUBDIVIDED SHARES") ("SHARE SPLIT")
About ANCOM NYLEX BERHAD
Ancom Nylex Berhad, formerly Ancom Berhad, is a Malaysia-based company, which is engaged in manufacturing of agricultural chemicals. The Company is also engaged in industrial chemicals, polymers and chemical logistics. The Company operates through six segments, such as Investment holding, Agricultural chemicals, Industrial chemicals, Logistics, Media and Polymer segment. Its Agricultural chemicals segment is engaged in Manufacturing, trading and sale of agricultural chemical products. Its Industrial chemicals is engaged in Manufacturing, trading and sale of industrial chemical products. Its Logistics segment is engaged in ship-owning, ship-operating, land transportation, container haulage, bulk cargo handling, chemicals warehousing and related services. Its Media segment involves in provision of out-of-home and digital advertising media space. Its Polymer segment is engaged in Manufacturing and marketing of polymer products.
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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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....