Adjustment

[IJM-C78] Adjustment on 27-Jun-2024

Announcement Date: 04-Jun-2024
Related Stock:
IJM
IJM CORPORATION BHD
Share Registrar:
IJM
IJM CORPORATION BHD
Amount

:

  • Ex Date
    27-Jun-2024
  • Entitlement Date
    28-Jun-2024
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF IJM CORPORATION BERHAD ("IJM") ("IJM SHARE(S)") ("IJM-C78") PURSUANT TO THE SPECIAL DIVIDEND OF 1 SEN PER SHARE (SINGLE TIER) ("SPECIAL DIVIDEND")

About IJM CORPORATION BHD
IJM Corp Bhd operates in construction, property development, manufacturing, infrastructure concessions, and plantations. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has five operating segments: Construction, Property development, Manufacturing and quarrying, Plantation, and Infrastructure. The Plantation division employs research and development for enhancing seed production and planting materials. The majority of the company's revenue is derived from Malaysia.

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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