Chembond Material Technologies Limited — Updates, 21-05-2025: Scheme of Arrangement

Chembond Chemicals Limited has announced a board meeting to consider the financial results for the quarter and half-year. Following a recent demerger, shareholders received 2 shares in Chembond Chemical Specialties Limited for every 1 share held in Chembond Chemicals. Investors should allocate their pre-demerger acquisition cost 69.25% to Chembond Chemicals and 30.75% to Chembond Chemical Specialties, which affects the cost basis for tax and holding calculations post-demerger. This clarification is key for shareholders managing their portfolios after the corporate restructuring.