Every Spin-Off
Sungei Bagan Rubber Company (Malaya)
CompletedMYMalaysian company holding oil palm plantation land plus a large portfolio of quoted shares and cash, part of the group linked to Kuchai Development.
Kuchai Development sold substantially all its assets and liabilities to Bursa Main Market-listed Sungei Bagan Rubber for new Sungei Bagan shares and distributed the 26.75m consideration shares to its shareholders as a dividend-in-specie at 0.216 Sungei Bagan share per Kuchai share, credited on 2 December 2024.
- Distribution date
- 2 Dec 2024
- Structure
- Stake distribution
- Parent
- Kuchai Development (2186 MK)
- Spin-off ticker
- Not recorded
- Listing
- Bursa Malaysia Main Market (already listed)
- Market
- Malaysia
- Sector
- Consumer staples
- Size
- micro
Source documents
- Press releaseBursa entitlement notice, Sungei Bagan dividend in specie (11/08/24)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcebernama.com (Kuchai delisting, 01/19/26)
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