KUCHAI

1.820

+0.05 (+2.8%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KUCHAI DEVELOPMENT BERHAD ("KDB" OR THE "COMPANY") DISTRIBUTION OF 17,584,030 ORDINARY SHARES IN SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD ("SG BAGAN"), REPRESENTING ALL OF THE 26.51% EQUITY INTEREST HELD BY KDB IN SG BAGAN, TO THE ENTITLED SHAREHOLDERS OF KDB BY WAY OF DIVIDEND-IN-SPECIE ("DIVIDEND-IN-SPECIE")

KUCHAI DEVELOPMENT BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
KUCHAI DEVELOPMENT BERHAD ("KDB" OR THE "COMPANY")

DISTRIBUTION OF 17,584,030 ORDINARY SHARES IN SUNGEI BAGAN RUBBER COMPANY (MALAYA) BERHAD ("SG BAGAN"), REPRESENTING ALL OF THE 26.51% EQUITY INTEREST HELD BY KDB IN SG BAGAN, TO THE ENTITLED SHAREHOLDERS OF KDB BY WAY OF DIVIDEND-IN-SPECIE ("DIVIDEND-IN-SPECIE")

We refer to the earlier announcements in relation to the Dividend-In-Specie. 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 Dividend-In-Specie has been completed today following the crediting of 17,578,311 Sg Bagan Shares into the respective central depository system (“CDS”) accounts of the Entitled Shareholders of the Company. For information purpose, the remaining 5,719 Sg Bagan Shares which are the entitlements of two (2) Entitled Shareholders who do not have CDS accounts as at the Entitlement Date will be held by the Company for the time being on their behalf via a trust account or in such other manner as may seem expedient to the Board.

 

This announcement is dated 9 September 2022.



Announcement Info

Company Name KUCHAI DEVELOPMENT BERHAD
Stock Name KUCHAI
Date Announced 09 Sep 2022
Category General Announcement for PLC
Reference Number GA1-09092022-00054


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