Adjustment

[MNRB-CC] Adjustment on 10-Oct-2024

Announcement Date: 27-Sep-2024
Related Stock:
MNRB
MNRB HOLDINGS BHD
Share Registrar:
MNRB
MNRB HOLDINGS BHD
Amount

0.0000 : 0.0000

  • Ex Date
    10-Oct-2024
  • Entitlement Date
    11-Oct-2024
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED WARRANTS OVER ORDINARY SHARES OF MNRB HOLDINGS BERHAD ("MNRB") ("MNRB SHARES") ("MNRB-CC") PURSUANT TO THE SPECIAL DIVIDEND OF 5 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

About MNRB HOLDINGS BHD
MNRB Holdings Bhd is a reinsurance provider as per the retakaful and takaful system according to the sharia law. It provides reinsurance services in the areas of fire, marine, motor, miscellaneous, and family retakaful. The company is also engaged in investment holding business and mainly operates in Malaysia and United Arab Emirates.

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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