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New Issue Of Securities (Chapter 6 Of Listing Requirements) : Other Issue Of Securities

Back 05 Jun 2018
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 2017

We refer to the announcements dated 24 April 2018 and 30 April 2018 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 (RM0.035 per Share in respect of the financial year ended 31 December 2017), has been fixed today (“Price Fixing Date”) at RM3.97 per new Share (“Issue Price”).

The Issue Price represents a discount of RM0.34 or approximately 7.88% to the theoretical ex-dividend volume weighted average market price (“VWAMP”) of approximately RM4.31, which was arrived at after taking into consideration the 5-day VWAMP up to and including 4 June 2018, being the last trading day prior to the Price Fixing Date, of approximately RM4.34 per Share and the Final Dividend.

 

This announcement is dated 5 June 2018.






Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 05 Jun 2018
Category General Announcement for PLC
Reference Number GA1-21052018-00035

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