Date Announced : 24/07/2026
EX-date : 07/08/2026
Entitlement date : 10/08/2026
Entitlement time : 05:00:00 PM
Entitlement subject : Capital Repayment
Entitlement description : Selective capital reduction and repayment exercise for the ordinary shares in Boustead Heavy Industries Corporation Berhad ("BHIC") ("BHIC Shares") not owned by Boustead Holdings Berhad ("BHB"); and capital reduction and repayment exercises for the redeemable convertible preference shares ("RCPS") Class A in BHIC ("RCPS A") and Islamic RCPS Class A in BHIC ("RCPS-i A"), pursuant to Section 116 of the Companies Act 2016 ("Capital Reduction").
Pursuant to the Capital Reduction, all the shareholders of BHIC (other than BHB), the holder of RCPS A and holders of RCPS-i A, whose names appear in the Record of Depositors ("ROD") of BHIC, the register of members of RCPS A and the register of members of RCPS-i A respectively, as at the Entitlement Date (as set out below), will receive a cash consideration of RM0.48 for each BHIC Share, RCPS A and RCPS-i A held on the Entitlement Date.
Payment date : 20/08/2026