Distribution of up to 292,229,202 ordinary shares in Perdana Petroleum Berhad (Perdana) (Perdana Shares), representing approximately 37.5% equity interest in Perdana held by Dayang Enterprise Holdings Bhd (Dayang) on the basis of approximately 0.302 Perdana Share for each ordinary share held in Dayang (Dayang Share) to the entitled shareholders of Dayang by way of dividend-in-specie (Dividend-In-Specie)
About DAYANG ENTERPRISE HOLDINGS BHD
Dayang Enterprise Holdings Bhd is an investment holding company. The company provides offshore topside maintenance services, minor fabrication works and offshore hook-up and commissioning services for oil and gas companies. It also offers chartering of marine vessels, and equipment hire operation. Its operating segments include Topside maintenance services, Marine charter and catering income, Equipment hire and Investment holding. Dayang generates most of its revenues from Topside maintenance services.
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:
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Christopher Toh
Payment date?
2017-11-20 22:38