Adjustment

[SIMEPLT-C18] Adjustment on 26-Dec-2023

Announcement Date: 10-Nov-2023
Related Stock:
SIMEPLT
SIME DARBY PLANTATION BERHAD
Share Registrar:
SIMEPLT
SIME DARBY PLANTATION BERHAD
Amount

:

  • Ex Date
    26-Dec-2023
  • Entitlement Date
    27-Dec-2023
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SIME DARBY PLANTATION BERHAD ("SIMEPLT") ("SIMEPLT-C18") PURSUANT TO THE DECLARATION OF SPECIAL INTERIM DIVIDEND OF 5.70 SEN PER ORDINARY SHARE IN SIMEPLT FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2023.

About SIME DARBY PLANTATION BERHAD
Sime Darby Plantation Berhad is a Malaysia-based integrated plantation company. The Company is engaged in various activities along with the palm oil value chain including upstream plantations, downstream operations, research and development, renewables and agribusiness. The Group is also involved in rubber and sugar cane plantations, coconut crushing as well as beef cattle industry. Its upstream operations serves across Malaysia, Indonesia, Papua New Guinea and the Solomon Islands. upstream segment is engaged in developing, cultivating and managing oil palm and rubber plantation estates and milling of fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel (PK), processing and sales of rubber. Its downstream business, known as Sime Darby Oils, engaged in production and sales of refined oils and fats, sales of CPO, refining of coconut oils, production of biodiesel products, sales of derivatives and crushing of PK to crude palm kernel oil (CPKO) and palm kernel expeller.

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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