Bursa Announcements
News
New Issue Of Securities (Chapter 6 Of Listing Requirements) : Other Issue Of Securities
Jan 13, 2020
Type
Announcement
Subject
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
GAMUDA BERHAD ("GAMUDA" OR "COMPANY")
DIVIDEND REINVESTMENT PLAN ("DRP") APPLICABLE TO THE FIRST INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 JULY 2020 ("1ST DRP")
We refer to the Company’s announcements dated 13 December 2019, 17 December 2019 and 19 December 2019 in relation to the DRP (“Announcements”). Unless otherwise defined, the abbreviations and definitions used in the Announcements shall apply herein.
On behalf of the Board of Gamuda, RHB Investment Bank Berhad wishes to announce that the issue price of the new Gamuda Shares to be issued pursuant to the 1st DRP has been fixed today (“Price- Fixing Date”) at RM3.60 per new Gamuda Share. The issue price is based on the five (5)-day volume weighted average market price (“VWAMP”) of RM4.03 per Gamuda Share up to and including 10 January 2020, being the last trading day prior to the Price-Fixing Date for the issue price of new Gamuda Shares after adjusting for the following:
(i) a dividend adjustment of RM0.06 to the five (5)-day VWAMP (“Ex-Dividend VWAMP”); and
(ii) a discount of RM0.37 which is approximately 9.32% discount to the Ex-Dividend VWAMP of RM3.97.
For shareholders' information, the book closure date for the first interim dividend in respect of the financial year ending 31 July 2020 and the 1st DRP has been fixed on 28 January 2020.
A copy of the DRP Statement and Notice of Election (including the Dividend Reinvestment Form) will be despatched to all the entitled shareholders of Gamuda (save for foreign-addressed shareholders of Gamuda) on 30 January 2020. The election period for the 1st DRP will close on 13 February 2020.
Barring any unforeseen circumstances, the new Gamuda Shares arising from the 1st DRP will be listed on the Main Market of Bursa Malaysia Securities Berhad on 26 February 2020.
This announcement is dated 13 January 2020.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
13 Jan 2020
Category
General Announcement for PLC
Reference Number
GA1-10012020-00007
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description |
GAMUDA BERHAD ("GAMUDA" OR "COMPANY") DIVIDEND REINVESTMENT PLAN ("DRP") APPLICABLE TO THE FIRST INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 JULY 2020 ("1ST DRP") |
We refer to the Company’s announcements dated 13 December 2019, 17 December 2019 and 19 December 2019 in relation to the DRP (“Announcements”). Unless otherwise defined, the abbreviations and definitions used in the Announcements shall apply herein.
On behalf of the Board of Gamuda, RHB Investment Bank Berhad wishes to announce that the issue price of the new Gamuda Shares to be issued pursuant to the 1st DRP has been fixed today (“Price- Fixing Date”) at RM3.60 per new Gamuda Share. The issue price is based on the five (5)-day volume weighted average market price (“VWAMP”) of RM4.03 per Gamuda Share up to and including 10 January 2020, being the last trading day prior to the Price-Fixing Date for the issue price of new Gamuda Shares after adjusting for the following:
(i) a dividend adjustment of RM0.06 to the five (5)-day VWAMP (“Ex-Dividend VWAMP”); and
(ii) a discount of RM0.37 which is approximately 9.32% discount to the Ex-Dividend VWAMP of RM3.97.
For shareholders' information, the book closure date for the first interim dividend in respect of the financial year ending 31 July 2020 and the 1st DRP has been fixed on 28 January 2020.
A copy of the DRP Statement and Notice of Election (including the Dividend Reinvestment Form) will be despatched to all the entitled shareholders of Gamuda (save for foreign-addressed shareholders of Gamuda) on 30 January 2020. The election period for the 1st DRP will close on 13 February 2020.
Barring any unforeseen circumstances, the new Gamuda Shares arising from the 1st DRP will be listed on the Main Market of Bursa Malaysia Securities Berhad on 26 February 2020.
This announcement is dated 13 January 2020.
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 13 Jan 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10012020-00007 |