Special Dividend
| SIME-C38: CW SIME DARBY BERHAD (MACQ) |
| EX-date | 30 Sep 2019 |
| Entitlement date | 01 Oct 2019 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Special Dividend |
| Entitlement description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 31 MARCH 2020 OVER ORDINARY SHARES ("SHARES") OF SIME DARBY BERHAD ("SIME") ("SIME-C38") PURSUANT TO A SPECIAL DIVIDEND OF 1 SEN PER SHARE ("SPECIAL DIVIDEND"). |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | Macquarie Capital Securities (Malaysia) Sdn. Bhd. 10th floor Menara Hap Seng No. 1 & 3 Jalan P. Ramlee 50250 Kuala Lumpur, Malaysia |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 01 Oct 2019 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | |
| Entitlement indicator | Ratio |
| Ratio | 0 : 0 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Remarks : |
Effective 30 September 2019, the Exercise Price and Exercise Ratio will be adjusted based on the following formulae (and rounded to the nearest 4 dp): (i) Adjusted Exercise Price = X x (P-D) / P (ii) Adjusted Exercise Ratio = E x (P-D) / P P = Closing price of the Share on the last Market Day on which the Shares are traded on a cum-entitlement basis D = RM 0.01, being the Special Dividend per one (1) Share held X = RM 2.45, being the existing Exercise Price immediately prior to the Special Dividend E = 2.50, being the existing Exercise Ratio immediately prior to the Special Dividend No adjustments shall be made if the formulae stated above results in an adjustment which would amount to less than 2% of the Exercise Ratio and/or Exercise Price being changed. |
Announcement Info
| Company Name | SIME-C38: CW SIME DARBY BERHAD (MACQ) |
| Stock Name | SIME-C38 |
| Date Announced | 03 Sep 2019 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-29082019-00002 |