Bonus issue of 240,000,000 new ordinary shares in Supreme Consolidated Resources Bhd ("SCRB" or the "Company") ("Bonus Share(s)") on the basis of 2 Bonus Shares for every 1 existing ordinary share in the Company held on the Entitlement Date.
About SUPREME CONSOLIDATED RESOURCES BERHAD
Supreme Consolidated Resources Berhad is a Malaysia-based investment holding company. The Company is engaged in trading and distribution of fast-moving consumer goods (FMCG) products, such as frozen, chilled, dairy and dry food products. The Company's subsidiaries are principally involved in the distribution and warehousing of third-party brands, as well as its own SUPREME branded products ranging from frozen meat, including beef, lamb, mutton, poultry and seafood, chilled food, dairy products and dry food and beverage (F&B) Products. It is also involved in the provision of transportation services. The Company operates through its subsidiaries. Its subsidiaries, Supreme Cold Storage Sdn. Bhd., Supreme Food Supply (M) Sdn. Bhd. and Borneo Food Land Coldstorage Sdn. Bhd. are involved in trading of food and beverages products. Its subsidiaries, Supreme Transportation Sdn. Bhd. and Supreme Dairy Ventures Sdn. Bhd. are involved in logistics and transportation of goods.
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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