Adjustment

[PWROOT-CC] Adjustment on 19-Jun-2023

Announcement Date: 01-Jun-2023
Related Stock:
PWROOT
POWER ROOT BERHAD
Share Registrar:
PWROOT
POWER ROOT BERHAD
Amount

0.0000 : 0.0000

  • Ex Date
    19-Jun-2023
  • Entitlement Date
    20-Jun-2023
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED WARRANTS OVER ORDINARY SHARES OF POWER ROOT BERHAD ("PWROOT") ("PWROOT SHARES") ("PWROOT-CC") PURSUANT TO THE SPECIAL DIVIDEND OF 1.5 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

About POWER ROOT BERHAD
Power Root Bhd is an investment holding company, engaged in the production of premixed instant powder beverages in Malaysia. It is also engaged in property development. The group operates principally in Malaysia with the manufacturing and distribution of beverage products (Fast Moving Consumers Goods) being the core business of the group. The company's product range includes Instant and Tin.

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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