Adjustment

[MBMR-C5] Adjustment on 09-Dec-2024

Announcement Date: 26-Nov-2024
Related Stock:
MBMR
MBM RESOURCES BHD
Share Registrar:
MBMR
MBM RESOURCES BHD
Amount

0.0000 : 0.0000

  • Ex Date
    09-Dec-2024
  • Entitlement Date
    10-Dec-2024
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED WARRANTS OVER ORDINARY SHARES OF MBM RESOURCES BERHAD ("MBMR") ("MBMR SHARES") ("MBMR-C5") PURSUANT TO THE SPECIAL DIVIDEND OF 22 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

About MBM RESOURCES BHD
MBM Resources Bhd is a Malaysian company which is in the business of motor trading and manufacturing of auto parts. It has Motor trading, Auto parts manufacturing, Property development and Others segments. Motor trading segment covers marketing and distribution of motor vehicles, spare parts and provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration and harshness products and provision of tyre assembly services. Property segment includes development of menara MBMR and Others segment encompass investment holding, corporate headquarter and dormant companies. Motor trading segment generates most of the revenues for the company.

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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