Shares Distribution from subsidiary company

[KUCHAI] Dividend in specie on 03-Aug-2022

Announcement Date: 03-Aug-2022
Related Stock:
KUCHAI
KUCHAI DEVELOPMENT BHD
Share Registrar:
KUCHAI
KUCHAI DEVELOPMENT BHD

FY: 30-Jun-2022

Amount

0.1420 : 1.0000

  • Ex Date
    17-Aug-2022
  • Entitlement Date
    18-Aug-2022


Description
Distribution of 17,584,030 ordinary shares in Sungei Bagan Rubber Company (Malaya) Berhad ("Sg Bagan"), representing all of the 26.51% equity interest held by Kuchai Development Berhad ("KDB") in Sg Bagan, to the entitled shareholders of KDB by way of dividend-in-specie ("Dividend-In-Specie")

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 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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