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

Feb 23, 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, 10 January 2024, 11 January 2024, 16 January 2024 and 5 February 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 wishes to announce that based on the valid dividend reinvestment forms received by Tricor Investor & Issuing House Services Sdn Bhd, the share registrar of the Company, Gamuda will be issuing 28,491,143 new Gamuda Shares ("New Share(s)") at an issue price of RM4.43 per New Share pursuant to the DRP Application. The New Shares to be issued represent approximately 76.88% of the total number of 37,058,042 New Shares that would have been issued pursuant to the DRP Application had all the entitled shareholders of Gamuda elected to reinvest the electable portion of their FYE 2024 First Interim Dividend into New Shares.

This announcement is dated 23 February 2024.


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 23 Feb 2024
Category General Announcement for PLC
Reference Number GA1-23022024-00011