Shares Distribution from subsidiary company

[ANCOMNY] Dividend in specie on 15-Feb-2024

Announcement Date: 18-Jan-2024
Related Stock:
ANCOMNY
ANCOM NYLEX BERHAD
Share Registrar:
ANCOMNY
ANCOM NYLEX BERHAD
FY: 31-May-2024
Amount

1.0000 : 100.0000

  • Ex Date
    15-Feb-2024
  • Entitlement Date
    16-Feb-2024
Description
FIRST INTERIM DIVIDEND BY WAY OF DISTRIBUTION OF TREASURY SHARES IN THE COMPANY ("DIVIDEND SHARES") ON THE BASIS OF 1 DIVIDEND SHARE FOR EVERY 100 ANB SHARES HELD BY THE SHAREHOLDERS OF THE COMPANY

About ANCOM NYLEX BERHAD
Ancom Nylex Berhad, formerly Ancom Berhad, is a Malaysia-based company, which is engaged in manufacturing of agricultural chemicals. The Company is also engaged in industrial chemicals, polymers and chemical logistics. The Company operates through six segments, such as Investment holding, Agricultural chemicals, Industrial chemicals, Logistics, Media and Polymer segment. Its Agricultural chemicals segment is engaged in Manufacturing, trading and sale of agricultural chemical products. Its Industrial chemicals is engaged in Manufacturing, trading and sale of industrial chemical products. Its Logistics segment is engaged in ship-owning, ship-operating, land transportation, container haulage, bulk cargo handling, chemicals warehousing and related services. Its Media segment involves in provision of out-of-home and digital advertising media space. Its Polymer segment is engaged in Manufacturing and marketing of polymer products.

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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