KIMLUN

0.985

-0.01 (-1%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES KIMLUN CORPORATION BERHAD ("KIMLUN" OR THE "COMPANY") DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF KIMLUN WITH AN OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES IN KIMLUN ("DRP")

KIMLUN CORPORATION BERHAD

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

DIVIDEND REINVESTMENT PLAN THAT PROVIDES THE SHAREHOLDERS OF KIMLUN WITH AN OPTION TO ELECT TO REINVEST THEIR CASH DIVIDEND IN NEW ORDINARY SHARES IN KIMLUN ("DRP")

We refer to the Company's announcements dated 27 February 2020, 15 September 2020, 25 September 2020, 30 September 2020, 26 October 2020 and 12 November 2020 in relation to the DRP. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.

 

On behalf of the Board of Kimlun, RHB Investment Bank Berhad 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, Kimlun will be issuing 13,557,773 new Kimlun Shares ("New Shares") at the issue price of RM0.645 per New Share pursuant to the DRP. The New Shares to be issued represent approximately 77.99% of the total number of 17,383,172 New Shares that would have been issued pursuant to the DRP had all the entitled shareholders of Kimlun elected to reinvest the electable portion of their single tier final dividend in respect of the financial year ended 31 December 2019 into New Shares.

 

This announcement is dated 2 December 2020.






Announcement Info

Company Name KIMLUN CORPORATION BERHAD
Stock Name KIMLUN
Date Announced 02 Dec 2020
Category General Announcement for PLC
Reference Number GA1-02122020-00038