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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 26 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 announcements dated 27 April 2017 and 4 May 2017 in relation to the DRS (“Announcements”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.

On behalf of the Board, CIMB wishes to announce that the issue price of the new Shares to be issued pursuant to the DRS, which is applicable to the entire Final Dividend (RM0.03 per Share in respect of the financial year ended 31 December 2016), has been fixed today (“Price Fixing Date”) at RM4.70 per new Share (“Issue Price”).

The Issue Price represents a discount of RM0.40 or approximately 7.8% to the theoretical ex-dividend volume weighted average market price (“VWAMP”) of approximately RM5.10, which was arrived at after taking into consideration the 5-day VWAMP up to and including 25 May 2017, being the last trading day prior to the Price Fixing Date, of approximately RM5.13 per Share and the Final Dividend.

 

This announcement is dated 26 May 2017.





Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 26 May 2017
Category General Announcement for PLC
Reference Number GA1-26052017-00007