Adjustment

[IJM-C67] Adjustment on 28-Jun-2023

Announcement Date: 31-May-2023
Related Stock:
IJM
IJM CORPORATION BHD
Share Registrar:
IJM
IJM CORPORATION BHD
Amount

0.0000 : 0.0000

  • Ex Date
    28-Jun-2023
  • Entitlement Date
    30-Jun-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 IJM CORPORATION BERHAD ("IJM") ("IJM-C67") PURSUANT TO A SPECIAL DIVIDEND OF 2 SEN PER ORDINARY SHARE (SINGLE TIER) ("SPECIAL DIVIDEND").

About IJM CORPORATION BHD
IJM Corp Bhd operates in construction, property development, manufacturing, infrastructure concessions, and plantations. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has five operating segments: Construction, Property development, Manufacturing and quarrying, Plantation, and Infrastructure. The Plantation division employs research and development for enhancing seed production and planting materials. The majority of the company's revenue is derived from Malaysia.

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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