Bonus Issue

[THPLANT] Bonus Issue on 02-Jan-2009

Announcement Date: 17-Dec-2008
Related Stock:
THPLANT
TH PLANTATIONS BHD
Share Registrar:
THPLANT
TH PLANTATIONS BHD
Amount

1 : 1

  • Ex Date
    02-Jan-2009
  • Entitlement Date
    06-Jan-2009
Description
Bonus Issue of 243,822,000 new ordinary shares of RM0.50 each in TH Plantations Berhad ("THP")("Bonus Share(s)"), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every one (1) existing ordinary share of RM0.50 each held in THP

About TH PLANTATIONS BHD
TH Plantations Bhd is engaged in investment holding, cultivation of oil palm, processing of fresh fruit bunches, marketing of crude palm oil, palm kernel and fresh fruit bunches (FFB). It also provides management services. The Group has three reportable segments: Oil palm plantations; Management services and Forestry. Oil palm plantations segment includes cultivation of oil palm, processing of FFB, marketing of crude palm oil (CPO), palm kernel (PK) and fresh fruit bunches (FFB). The Management services segment includes the provision of management services. The Forestry segment is engaged in the harvesting of rubberwood. It derives most of its revenues from Oil palm plantations segment.

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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