(CFD) Olam Rights Issue  MSF, POEMS  July 2, 2021

Please be informed that Olam is undergoing a renounceable rights issue of 3 for 20 with ex-date on 29th June 2021. We will be catering for the rights only for LONG positions. For LONG clients who are intending to hold their positions past the ex-date and be entitled to the rights, we would like to highlight the increased risk of a margin call between the ex-date and the rights trading date. Clients will still be subjected to standard margin call procedures. Olam rights CFD will be reflected in your CFD account on 6th Jul. There will not be any conversion of the rights and as such all clients MUST sell their rights during the rights trading period from 5th Jul to 13th Jul 2021 . Otherwise, the rights will lapse and be closed off at a traded price of zero. Liquidation of your rights will be done on a phone-only market order basis. Commission is chargeable for the liquidation of the rights at the commission rates similar to Olam under CFD. Finance charge for the rights will not be chargeable. Updated 2nd July 2021, 2:16pm