Adjustment

[MBMR-C3] Adjustment on 08-Dec-2023

Announcement Date: 27-Nov-2023
Related Stock:
MBMR
MBM RESOURCES BHD
Share Registrar:
MBMR
MBM RESOURCES BHD
Amount

0.0000 : 0.0000

  • Ex Date
    08-Dec-2023
  • Entitlement Date
    11-Dec-2023
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED WARRANTS OVER ORDINARY SHARES OF MBM RESOURCES BERHAD ("MBMR") ("MBMR SHARES") ("MBMR-C3") PURSUANT TO THE SPECIAL DIVIDEND OF 7 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

About MBM RESOURCES BHD
MBM Resources Bhd is a Malaysian company which is in the business of motor trading and manufacturing of auto parts. It has Motor trading, Auto parts manufacturing, Property development and Others segments. Motor trading segment covers marketing and distribution of motor vehicles, spare parts and provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration and harshness products and provision of tyre assembly services. Property segment includes development of menara MBMR and Others segment encompass investment holding, corporate headquarter and dormant companies. Motor trading segment generates most of the revenues for the company.

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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