Adjustment

[E&O-C18] Adjustment on 10-Dec-2024

Announcement Date: 27-Nov-2024
Related Stock:
E&O
EASTERN & ORIENTAL BHD
Share Registrar:
E&O
EASTERN & ORIENTAL BHD
Amount

0.0000 : 0.0000

  • Ex Date
    10-Dec-2024
  • Entitlement Date
    11-Dec-2024
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED WARRANTS OVER ORDINARY SHARES OF EASTERN & ORIENTAL BERHAD ("E&O") ("E&O SHARES") ("E&O-C18") PURSUANT TO THE SPECIAL DIVIDEND OF 1 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

About EASTERN & ORIENTAL BHD
Eastern & Oriental Bhd, or the E&O Group, is a property developer based in Malaysia. The company?s property development portfolio is spread across Kuala Lumpur, Penang, and Johor?s Iskandar Malaysia, as well as overseas in central London. For the overseas expansion, the company focuses on investment and development within prime locations in London, including Princes House along Kingsway, ESCA House in Bayswater, and a commercial property in Hammersmith. The E&O Group?s hospitality division provides a complementary lifestyle component that supports the core property development business, including the heritage Eastern & Oriental Hotel and Lone Pine Hotel in Penang, as well as the contemporary E&O Residences Kuala Lumpur in the capital?s vibrant city center.

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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