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Axiata strives to raise our shareholder value by striking a balance between
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New Issue Of Securities (Chapter 6 Of Listing Requirements) : Other Issue Of Securities

Back 04 May 2017
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description

DIVIDEND REINVESTMENT SCHEME ("DRS") ON THE FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2016

We refer to the announcement dated 27 April 2017 in relation to the DRS (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement.

On behalf of the Board, CIMB wishes to announce that Axiata had on 3 May 2017 received the approval from Bursa Malaysia Securities Berhad (“Bursa Securities”) for the listing of the new Shares to be issued pursuant to the DRS in respect of the Final Dividend (“Proposal”), on the Main Market of Bursa Securities. The approval granted by Bursa Securities is subject to the following conditions:

(i)         Axiata and CIMB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposal;

(ii)         Axiata and CIMB to inform Bursa Securities upon the completion of the Proposal;

(iii)        Axiata to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposal is completed;

(iv)        Axiata to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders at general meeting for the Proposal; and

(v)        Payment of the outstanding additional listing fee for the new Shares based on the final issue price. In this respect, Axiata is required to furnish Bursa Securities a cheque drawn to the order of Bursa Malaysia Securities Berhad for the outstanding additional listing fee together with a copy of the details of the computation of the amount of fees payable.

 

This announcement is dated 4 May 2017.





Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 04 May 2017
Category General Announcement for PLC
Reference Number GA1-04052017-00006