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GDEX

Dividend Re-investment Plan

GD EXPRESS CARRIER BERHAD

EX-date 18 Jan 2019
Entitlement date 23 Jan 2019
Entitlement time 05:00 PM
Entitlement subject Dividend Re-investment Plan
Entitlement description First and Final Single-Tier Dividend of 0.2 sen per ordinary share
Period of interest payment   to  
Financial Year End 30 Jun 2018
Share transfer book & register of members will be   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no SYMPHONY SHARE REGISTRARS SDN BHD Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Telephone: 603 7841 8088/8089 Fax: 603 7841 8100
Payment date 22 Feb 2019
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 23 Jan 2019
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.002
Par Value (if applicable)


Remarks :
The Board of Directors of GD Express Carrier Bhd ("GDEX" or the "Company") ("Board") has proposed first and final single-tier dividend of 0.02 sen per ordinary share in GDEX ("GDEX Shares") ("Dividend") for the financial year ended 30 June 2018. 

On 6 December 2018, the shareholders of GDEX had at the Company's Fifteenth Annual General Meeting approved the Dividend and authorised the Board to allot and issue such number of new GDEX Shares from time to time as may be required to be allotted and issued pursuant to the dividend reinvestment plan ("6th DRP"). On 7 December 2018, the Board determined that the 6th DRP shall apply to the entire Dividend. 

On behalf of the Board, UOB Kay Hian Securities (M) Sdn Bhd had, on 8 January 2019, announced that the issue price of the new GDEX Shares to be issued pursuant to the implementation of the 6th DRP has been fixed at RM0.26 per GDEX Share. 

Holders of GDEX's existing Warrants-B 2015/2020 ("Warrant Holders") who wish to be entitled to the Dividend should exercise their rights to subscribe for new GDEX Shares by lodging their duly completed exercise forms together with the relevant subscription monies with GDEX's Share Registrar (at the address stated above) on or before 5.00 p.m. on 11 January 2019. This is to enable the new GDEX Shares arising from such exercise to be allotted to the respective Warrant Holders such that their names will appear in the Record of Depositors for GDEX Shares at 5.00 p.m. on 23 January 2019. For avoidance of doubt, Warrant Holders who lodge their duly completed exercise forms between 12 January 2019 and 23 January 2019 (both dates inclusive) will not be entitled for the Dividend.

This announcement is dated 8 January 2019.


Announcement Info

Company Name GD EXPRESS CARRIER BERHAD
Stock Name GDEX
Date Announced 08 Jan 2019
Category Entitlement(Notice of Book Closure)
Reference Number ENT-08012019-00002