Lion Industries Corporation Berhad (LICB) is a Malaysia-based company, which is engaged in the investment holding and property development. The Company operates through three segments, such as Steel, Building materials and Others. The Steel segment involves in the manufacturing and marketing of steel bars, wire rods, hot briquetted iron and steel related products, and provision of chartering services. The Building materials segment is engaged in the trading and distribution of building materials and other steel products. The Others segment is involved in the property development and management, investment holding, treasury business, manufacture and trading of lubricants, spark plugs and provision of transportation services, agriculture, distributing and retailing of consumer products. The Company through its subsidiary Amsteel Mills Sdn Bhd. is involved in the manufacturing of long steel products. It owns two steel plants located at Bukit Raja, Klang and Banting.

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.