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 2018 |
We refer to the announcement dated 21 September 2018 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 Axiata, CIMB wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 25 September 2018, approved the listing of up to 125,272,382 new Shares to be issued pursuant to the DRS in respect of the Interim Dividend (“Proposal”), on the Main Market of Bursa Securities. The approval granted by Bursa Securities is subject to the following conditions:
(a) Axiata and CIMB must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposal;
(b) Axiata and CIMB to inform Bursa Securities upon the completion of the Proposal;
(c) 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;
(d) Payment of the outstanding additional listing fee for the new Shares based on the final issue price, if relevant. In this respect, Axiata is required to furnish Bursa Securities a cheque drawn to the order of Bursa Securities 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 26 September 2018.
Company Name | AXIATA GROUP BERHAD |
Stock Name | AXIATA |
Date Announced | 26 Sep 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-26092018-00023 |