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 ("DRS") ON THE INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 DECEMBER 2017 |
We refer to the announcements dated 21 September 2017 and 25 September 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 Interim Dividend (RM0.05 per Share in respect of the financial year ending 31 December 2017), has been fixed today (“Price Fixing Date”) at RM4.63 per new Share (“Issue Price”). The Issue Price represents a discount of RM0.40 or approximately 7.95% to the theoretical ex-dividend volume weighted average market price (“VWAMP”) of approximately RM5.03, which was arrived at after taking into consideration the 5-day VWAMP up to and including 26 September 2017, being the last trading day prior to the Price Fixing Date, of approximately RM5.08 per Share and the Interim Dividend. This announcement is dated 27 September 2017. |
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 27 Sep 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-26092017-00076 |