Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
Description | DIVIDEND REINVESTMENT SCHEME ON THE FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2014 |
We refer to the announcements dated 20 March 2015, 28 April 2015 and 12 May 2015 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 (14 sen per Share in respect of the financial year ended 31 December 2014), has been fixed today (“Price Fixing Date”) at RM6.08 per Share (“Issue Price”). The Issue Price represents a discount of RM0.53 or approximately 8.0% to the theoretical ex-dividend volume weighted average market price (“VWAMP”) of approximately RM6.61, which was arrived at after taking into consideration the 5-day VWAMP up to and including 19 May 2015, being the last trading day prior to the Price Fixing Date, of approximately RM6.75 per Share and the Final Dividend. This announcement is dated 20 May 2015. |
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 20 May 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-20052015-00017 |