KULIM
Special Dividend
KULIM (MALAYSIA) BERHAD |
EX-date | 10/03/2015 |
Entitlement date | 12/03/2015 |
Entitlement time | 05:00:00 PM |
Entitlement subject | Special Dividend |
Entitlement description | Special dividend of RM0.3765 per ordinary share of RM0.25 each in Kulim (Malaysia) Berhad (“Kulim”) (“Kulim Shares”) arising from the disposal by Kulim of 73,482,619 ordinary shares in New Britain Palm Oil Limited (“NBPOL”), representing its entire equity interest in NBPOL to Sime Darby Plantation Sdn Bhd, a wholly-owned subsidiary of Sime Darby Berhad for a disposal consideration of approximately GBP525.40 million, to all entitled shareholders of Kulim (“Disposal”) (“Special Dividend”) |
Period of interest payment | to |
Financial Year End | 31/12/2015 |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
Registrar's name ,address, telephone no | Pro Corporate Management Services Sdn Bhd Level 11, Menara KOMTAR Johor Bahru City Centre 80000 Johor Bahru Johor No. Tel. : 07 - 226 7476 Fax No. : 07 - 222 3044 |
Payment date | 23/03/2015 |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 12/03/2015 |
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 | Currency |
Currency | Malaysian Ringgit (MYR) |
Entitlement in Currency | 0.3765 |
Remarks : |
Unless otherwise stated, the terms used herein has the same meaning as those defined in the circular to shareholders dated 18 November 2014 in relation to the Disposal. The Special Dividend has been determined by taking into account the following:- (i) 1,327,680,556 Kulim Shares, being the issued and paid-up share capital of Kulim as at 25 February 2015 (excluding 15,322,000 treasury shares); and (ii) As at 25 February 2015, there are no new Kulim Shares which have been allotted pursuant to the exercise of the outstanding warrants 2011/2016 (“Warrant(s)”) and outstanding employees’ share option scheme options (“ESOS”), but pending crediting of new Kulim Shares into the securities accounts of holders of the Warrants as well as the ESOS options (collectively referred to as the “Holder(s)”). Any new Kulim Shares to be allotted pursuant to the exercise of the outstanding Warrants and ESOS options and shareholders of Kulim whose names appear in the company’s Record of Depositors on the entitlement date shall be eligible to participate in the Special Dividend. The Board of Directors wishes to inform that the Special Dividend will give rise to adjustments to the exercise price of the outstanding Warrants and outstanding ESOS options pursuant to the provisions of the deed poll dated 25 February 2011 and by-laws dated 31 December 2013 respectively (“Adjustment”). The Adjustment shall become effective on the next market day following the entitlement date for the Special Dividend, being 13 March 2015. This announcement is dated 26 February 2015. |
Announcement Info
Company Name | KULIM (MALAYSIA) BERHAD |
Stock Name | KULIM |
Date Announced | 26 Feb 2015 |
Category | Entitlements (Notice of Book Closure) |
Reference No | JC-150226-45638 |