SYMLIFE

0.350

-0.005 (-1.4%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES SYMPHONY LIFE BERHAD ("SYMLIFE" OR "COMPANY") DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 MARCH 2020 ("SECOND DRP")

SYMPHONY LIFE BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
SYMPHONY LIFE BERHAD ("SYMLIFE" OR "COMPANY")

DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 MARCH 2020 ("SECOND DRP")

We refer to the announcements dated 26 June 2020 and 21 July 2020 ("Announcements").

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

On behalf of the Board, Affin Hwang IB wishes to announce that Bursa Securities had vide its letter dated 23 July 2020, resolved to approve the listing of and quotation of up to 57,197,423 new ordinary shares in SymLife ("SymLife Shares") to be issued pursuant to the Second DRP.

The approval granted by Bursa Securities is subject to the following conditions: 

(i) SymLife and Affin Hwang IB must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Second DRP;

(ii) SymLife and Affin Hwang IB to inform Bursa Securities upon the completion of the Second DRP;

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

(iv) Where applicable, SymLife to furnish to Bursa Securities with a certified true copy of the resolution passed by shareholders at the forthcoming annual general meeting for the allotment and issuance of new SymLife Shares pursuant to the Dividend Reinvestment Plan, prior to the listing and quotation of the new SymLife Shares.

 

This announcement is dated 24 July 2020.






Announcement Info

Company Name SYMPHONY LIFE BERHAD
Stock Name SYMLIFE
Date Announced 24 Jul 2020
Category General Announcement for PLC
Reference Number GA1-24072020-00037