OTHERS DAIMAN DEVELOPMENT BERHAD ("DAIMAN" OR "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF DAIMAN PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR")
| DAIMAN DEVELOPMENT BHD |
| Type | Announcement |
| Subject | OTHERS |
| Description | DAIMAN DEVELOPMENT BERHAD ("DAIMAN" OR "COMPANY")
SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF DAIMAN PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR") |
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We refer to the Company’s earlier announcements in relation to the SCR. 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 the settlement of the SCR Offer Price has been effected in favour of:
(a) the Entitled Shareholders who maintain eDividend accounts, via electronic remittance to the eDividend accounts of the Entitled Shareholders duly registered with Bursa Malaysia Depository Sdn Bhd (“Bursa Depository”) on 14 March 2019; and
(b) the Entitled Shareholders who do not maintain eDividend accounts, via remittance in the form of cheques, banker’s drafts and/or cashier’s orders despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) on 14 March 2019 at the Entitled Shareholders’ registered addresses last maintained with Bursa Depository.
As such, the SCR has been completed on 14 March 2019.
This announcement is dated 14 March 2019. |
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Announcement Info
| Company Name | DAIMAN DEVELOPMENT BHD |
| Stock Name | DAIMAN |
| Date Announced | 14 Mar 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14032019-00070 |