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 DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 DECEMBER 2019 |
The Board of Directors of Axiata Group Berhad (“Axiata”) (“Board”) had on 29 August 2019 announced a tax exempt dividend under single tier system of RM0.05 per ordinary share in Axiata (“Share”) in respect of the financial year ending 31 December 2019 (“Dividend”) and the application of the DRS to the Dividend, whereby shareholders of Axiata will be given an option to elect to reinvest the whole or part of the Dividend into new Shares.
On behalf of the Board, CIMB Investment Bank Berhad wishes to announce that an application to Bursa Malaysia Securities Berhad for the listing of and quotation for the new Shares to be issued pursuant to the DRS in respect of the Dividend has been submitted today.
This announcement is dated 19 September 2019.
| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 19 Sep 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19092019-00047 |