BIMB

2.510

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES DIVIDEND REINVESTMENT PLAN ("DRP") THAT PROVIDES THE SHAREHOLDERS OF BIMB HOLDINGS BERHAD ("BHB") WITH THE OPTION TO ELECT TO REINVEST THEIR INTERIM CASH DIVIDEND IN NEW ORDINARY SHARES IN BHB ("PROPOSAL")

BIMB HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
DIVIDEND REINVESTMENT PLAN ("DRP") THAT PROVIDES THE SHAREHOLDERS OF BIMB HOLDINGS BERHAD ("BHB") WITH THE OPTION TO ELECT TO REINVEST THEIR INTERIM CASH DIVIDEND IN NEW ORDINARY SHARES IN BHB ("PROPOSAL")

(Unless otherwise defined, defined terms used in this announcement shall carry the same meaning as those defined in the announcements dated 1 December 2020, 7 December 2020 and 24 December 2020 in relation to the Proposal ("Announcements"))

 

We refer to the Announcements in relation to the Proposal.

 

On behalf of the Board, AIBB wishes to announce that BHB will be issuing 60,986,700 new BHB Shares, pursuant to the DRP applied to the interim dividend of BHB in respect of the financial year ended 31 December 2020, based on the valid Dividend Reinvestment Forms received by Boardroom Share Registrars Sdn Bhd, the Share Registrar for the Proposal, as at the expiry date of the DRP on 7 January 2021, or such later date as may be extended by the Board at its sole discretion.

 

The new BHB Shares to be issued represent approximately 91.33% of the total number of 66,776,900 new BHB Shares that would have been issued pursuant to the DRP, had all the eligible entitled shareholders elected to reinvest their respective electable portions into new BHB Shares.

 

The said new BHB Shares are expected to be listed on the Main Market of Bursa Securities on 19 January 2021.

 

This announcement is dated 14 January 2021.






Announcement Info

Company Name BIMB HOLDINGS BERHAD
Stock Name BIMB
Date Announced 14 Jan 2021
Category General Announcement for PLC
Reference Number GA1-14012021-00014