MKH

Dividend in specie

MKH BERHAD

Entitlement subject Dividend in specie
Entitlement description
Distribution of 82,487,981 ordinary shares in MKH Oil Palm (East Kalimantan) Berhad ("MKHOP") ("MKHOP Shares"), representing approximately 10.3% of MKH Berhad's (the "Company" or "MKH") equity interest in MKHOP to the entitled shareholders of the Company by way of dividend-in-specie, on the basis of 1 MKHOP Share for every 7 MKH shares held by the entitled shareholders, on the entitlement date
Ex-Date 14 Feb 2024
Entitlement date 15 Feb 2024
Entitlement time 5:00 PM
Financial Year End 30 Sep 2024
Share transfer book& register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 15 Feb 2024
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
Par Value (if applicable)

Securities Entitlement
Company Name
MKH OIL PALM (EAST KALIMANTAN) BERHAD
Entitlement
Ordinary Shares
Ratio (New : Existing) 1.0000 : 7.0000
Securities Crediting Date 29 Feb 2024
Available / Listing Date
Fractional Entitlement Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The Company has obtained approval from its shareholders on 28 November 2023 for the proposed listing of and quotation for the entire enlarged issued share capital of MKHOP on the Main Market of Bursa Malaysia Securities Berhad. 

Accordingly, the shareholders of the Company whose names appear in the Record of Depositors of the Company as at 5:00 p.m. on Thursday, 15 February 2024 ("Entitlement Date") shall be entitled to the dividend-in-specie ("Entitled Shareholder(s)"). The Entitled Shareholders will receive their entitlements at no cost. 

Based on the total issued share capital of the Company of 577,415,868 shares (excluding 9,132,300 treasury shares) as at the date of this announcement, the distribution of 82,487,981 MKHOP Shares are expected to be distributed on the basis of 1 MKHOP Share for every 7 Company shares held by the Entitled Shareholders on the Entitlement Date (fractional entitlement round down/disregarded). For illustrative purpose, an Entitled Shareholder holding 7,000 Company shares will be entitled to receive 1,000 MKHOP Shares. 

Any fractional entitlements, if any, will be disregarded and dealt with in such manner or terms as the board shall in its absolute discretion deems fit and expedient, and in the best interest of the Company.

This announcement is dated 29 January 2024.


Announcement Info

Company Name MKH BERHAD
Stock Name MKH
Date Announced 29 Jan 2024
Category Entitlement(Notice of Book Closure)
Reference Number ENT-26012024-00002
Corporate Action ID MY240126DVSE0001


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