Adjustment

[BAUTO-C33] Adjustment on 18-Jul-2024

Announcement Date: 12-Jun-2024
Related Stock:
BAUTO
BERMAZ AUTO BERHAD
Share Registrar:
BAUTO
BERMAZ AUTO BERHAD
Amount

0.0000 : 0.0000

  • Ex Date
    18-Jul-2024
  • Entitlement Date
    19-Jul-2024
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF BERMAZ AUTO BERHAD ("BAUTO") ("BAUTO-C33") PURSUANT TO THE SPECIAL DIVIDEND OF 7.00 SEN SINGLE-TIER DIVIDEND PER SHARE ("SPECIAL DIVIDEND").

About BERMAZ AUTO BERHAD
Berjaya Auto Berhad (BAuto) is an investment holding company. The Company, through its subsidiaries, is engaged in distribution of Mazda vehicles in Malaysia and the Philippines. BAuto's geographical segments include Malaysia and the Philippines. Its core businesses include the provision of after sales services for Mazda vehicles, and distribution and retailing of Mazda vehicles. In the Philippines, the distribution of Mazda vehicles and spare parts is undertaken by its subsidiary, Berjaya Auto Philippines Inc (BAP), through appointed dealers. Its subsidiaries also include Bermaz Motor Sdn Bhd and Bermaz Motor Trading Sdn Bhd (collectively Bermaz), which are involved in the distribution and retailing of new and used Mazda vehicles and the provision of after-sales services for Mazda vehicles. Bermaz operates over six 3S (sales, spare parts and after-sales services) and approximately three 2S (spare parts and after-sales services) centers, and a Body and Paint Repair center.

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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