Adjustment

[PIE-CK] Adjustment on 30-May-2024

Announcement Date: 25-Apr-2024
Related Stock:
PIE
P.I.E. INDUSTRIAL BHD
Share Registrar:
PIE
P.I.E. INDUSTRIAL BHD
Amount

0.0000 : 0.0000

  • Ex Date
    30-May-2024
  • Entitlement Date
    31-May-2024
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF P.I.E. INDUSTRIAL BERHAD ("PIE") ("PIE-CK") PURSUANT TO THE SPECIAL SINGLE TIER INTERIM DIVIDEND OF 2 SEN PER SHARE ("SPECIAL DIVIDEND")

About P.I.E. INDUSTRIAL BHD
P I E Industrial Bhd is a Malaysia-based company principally involved in investment holding and provision of management services. The group has three reportable segments, Manufacturing of Industrial Products, Trading of Electrical Products and Investment Holding. Manufacturing of industrial products, includes cables and wires for electronic devices, cable moulding compounds and PCB assemblies, cable and wire harness to the computer, communication, consumer electronic industry and cable assemblies. Trading of Electrical Products includes peripheral products of computers, telecommunication, consumer electronics and cable assembly products. Electronics Manufacturing Services and Wire and Cable Manufacturing is the core businesses and main revenue contributor to the group.

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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