Corporate Exercises
Corporate exercises are actions taken by a company that can affect your shareholdings.
Types of Corporate Exercises in Bursa Malaysia
Corporate exercises are actions taken by a company that can affect your shareholdings. Here are some common types:
- Dividend and Interest Payments: Money paid to shareholders or bondholders. It's usually credited directly to your bank account if you have a "direct" account. If you have a "nominee" account, the payment goes to your trust account.
- Rights Issue: The company offers you the right to buy additional shares at a discounted price.
- Bonus Issue: The company gives you additional shares for free, based on your existing holdings.
- Capital Restructure: The company changes its capital structure, which can affect your shareholdings.
- Maturity Conversion / Redemption: The company redeems or converts your bonds or shares at maturity.
- Share Split: The company divides each existing share into multiple new shares.
- General Offer: A takeover offer made to all shareholders of a company.
- Exercise of Warrants / TSRs / Loan Stock / Bonds: These are specific types of securities that can be exercised under certain conditions.
- Cross Transfer: Transfer of shares between different accounts.
- Special Issue: A unique issuance of shares or bonds for a specific purpose.
- Bulk Transfer: Transfer of a large number of shares at once.
- Share consolidation: Combining multiple shares into a single share.
Note
For more details on any of these corporate exercises, you can check the announcements on Bursa Malaysia or contact the company's registrar.