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

Jan 11, 2024

 

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY")

GAMUDA'S EXISTING DIVIDEND REINVESTMENT PLAN ("DRP") THAT ALLOWS SHAREHOLDERS OF GAMUDA TO REINVEST THE ELECTABLE PORTION OF THEIR FIRST INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 JULY 2024 INTO NEW ORDINARY SHARES IN GAMUDA ("GAMUDA SHARES") ("DRP APPLICATION")

 

We refer to the Company's announcements dated 7 December 2023 and 10 January 2024 in relation to the DRP Application. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

 

On behalf of the Board, RHB Investment Bank Berhad ("RHB Investment Bank") wishes to announce that Bursa Securities had vide its letter dated 11 January 2024, approved the listing and quotation of up to 42,000,000 new Gamuda Shares to be issued pursuant to the DRP Application on the Main Market of Bursa Securities, subject to the following conditions:

 

(i) Gamuda and RHB Investment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the DRP Application;

 

(ii) Gamuda and RHB Investment Bank to inform Bursa Securities upon the completion of the DRP Application;

 

(iii) RHB Investment Bank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the DRP Application is completed; and

 

(iv) Payment of additional listing fee, if any, based on the final issue price together with a copy of the details of the computation of the amount of listing fees payable. 

 

This announcement is dated 11 January 2024.


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 11 Jan 2024
Category General Announcement for PLC
Reference Number GA1-11012024-00043