BONUS ISSUE OF UP TO 462,230,460 WARRANTS IN AMRB ("FREE WARRANTS") ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES IN AMRB ("AMRB SHARES") HELD ON 22 MARCH 2019 ("BONUS ISSUE OF WARRANTS")
About ALAM MARITIM RESOURCES BHD
Alam Maritim Resources Bhd is a Malaysia-based investment holding company. It operates through two business segments: Offshore support vessels and services, and Subsea services. Its Offshore support vessels and services segment is engaged in providing vessels for charter hire; assisting seismic operators in seismic survey related activities; transportation of crew and supplies; towing and mooring of rigs offshore; anchor-handling services and other support. Its Sub-sea services segment is engaged in providing offshore facilities construction and installation services, such as marine construction related services; sub-sea engineering services and offshore pipeline construction-related services, and designing, manufacturing and operating of remotely operated vehicles.
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:
Whats wrong bought 9.5 sen to 10.5 sen earlier? Forget our motive of buying shares? Dont even read its Proposal, just jugde by listening to others n made comment?
2019-03-10 09:23
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tuapuikia
will this be more impact on the price ?
2019-03-10 01:33