Adjustment

[KOSSAN-C65] Adjustment on 02-Dec-2024

Announcement Date: 18-Nov-2024
Related Stock:
KOSSAN
KOSSAN RUBBER INDUSTRIES BHD
Share Registrar:
KOSSAN
KOSSAN RUBBER INDUSTRIES BHD
Amount

0.0000 : 0.0000

  • Ex Date
    02-Dec-2024
  • Entitlement Date
    03-Dec-2024
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED WARRANTS OVER ORDINARY SHARES OF KOSSAN RUBBER INDUSTRIES BERHAD ("KOSSAN") ("KOSSAN SHARES") ("KOSSAN-C65") PURSUANT TO THE SPECIAL DIVIDEND OF 6 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

About KOSSAN RUBBER INDUSTRIES BHD
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber?s revenue is generated through exports outside of Malaysia.

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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