Distribution of 26,751,446 ordinary shares in Sungei Bagan Rubber Company (Malaya) Berhad ("Sg Bagan"), being the consideration shares received from the disposal of substantially all the assets and liabilities in Kuchai Development Berhad ("KDB") to Sg Bagan, to the entitled shareholders of KDB by way of dividend-in-specie ("Dividend-In-Specie")
About KUCHAI DEVELOPMENT BHD
Kuchai Development Bhd is a Malaysia based company which is principally engaged in investment holdings and rental of property. The business operates in various segments that include Investment segment; which invest in long-term securities, Interest Income segment; which does the placement of excess fund in fixed and short-term deposits, and Rental Income segment, which does leasing of properties. The Investment segment generates maximum revenue for the company. Its services are exported to Singapore, Mauritius and Australian region. The Singapore region generates maximum income for the company.
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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