Adjustment

[PIE-CI] Adjustment on 29-May-2023

Announcement Date: 17-May-2023
Related Stock:
PIE
P.I.E. INDUSTRIAL BHD
Share Registrar:
PIE
P.I.E. INDUSTRIAL BHD
Amount

0.0000 : 0.0000

  • Ex Date
    29-May-2023
  • Entitlement Date
    30-May-2023
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 29 DECEMBER 2023 OVER ORDINARY SHARES ("SHARES") OF P.I.E. INDUSTRIAL BERHAD ("PIE") ("PIE-CI") PURSUANT TO A SPECIAL SINGLE TIER INTERIM DIVIDEND OF 2 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

About P.I.E. INDUSTRIAL BHD
P I E Industrial Bhd is a Malaysia-based company principally involved in investment holding and provision of management services. The group has three reportable segments, Manufacturing of Industrial Products, Trading of Electrical Products and Investment Holding. Manufacturing of industrial products, includes cables and wires for electronic devices, cable moulding compounds and PCB assemblies, cable and wire harness to the computer, communication, consumer electronic industry and cable assemblies. Trading of Electrical Products includes peripheral products of computers, telecommunication, consumer electronics and cable assembly products. Electronics Manufacturing Services and Wire and Cable Manufacturing is the core businesses and main revenue contributor to the group.

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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