Adjustment

[MSC-CO] Adjustment on 29-Nov-2024

Announcement Date: 18-Nov-2024
Related Stock:
MSC
MALAYSIA SMELTING CORPORATION
Share Registrar:
MSC
MALAYSIA SMELTING CORPORATION
Amount

:

  • Ex Date
    29-Nov-2024
  • Entitlement Date
    02-Dec-2024
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MALAYSIA SMELTING CORPORATION BERHAD ("MSC") ("MSC-CO") PURSUANT TO THE SECOND INTERIM SINGLE-TIER SPECIAL DIVIDEND OF RM0.17 PER SHARE IN RESPECT OF THE FINANCIAL YEAR ENDING 31 DECEMBER 2024

About MALAYSIA SMELTING CORPORATION
Malaysia Smelting Corp Bhd is a Malaysia-based investment holding company focuses on both smelting of tin concentrates and tin bearing materials. The company operates through three segments: Tin Smelting, Tin Mining, and Others. It is principally engaged in the manufacture and sale of solder products for jointing and semiconductor applications in the electrical and electronics industries. The Others segment includes investments in other metal and mineral resources. Most of the revenue comes from tin mining and smelting of tin concentrates, tin-bearing materials and from the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products.

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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