First and Final Dividend


EX-date 13 Jan 2017
Entitlement date 17 Jan 2017
Entitlement time 05:00 PM
Entitlement subject First and Final Dividend
Entitlement description First and Final Single-Tier Dividend of 20% or 1.00 sen per ordinary share of RM0.05 each
Period of interest payment   to  
Financial Year End 30 Jun 2016
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 BOARDROOM CORPORATE SERVICES (KL) SDN BHD Lot 6.05, Level 6, KPMG Tower 8, First Avenue Bandar Utama 47800 Petaling Jaya Tel:03 7720 1188 Fax:03 7720 1111
Payment date 17 Feb 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 17 Jan 2017
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 Percentage
Entitlement in Percentage (%) 20
Par Value Malaysian Ringgit (MYR) 0.050

Remarks :
On 26 August 2016, the Board of Directors of GD Express Carrier Bhd ("GDEX" or the "Company") ("Board") has proposed first and final single-tier dividend of 1.00 sen per ordinary share of RM0.05 each in GDEX ("GDEX Shares") ("Dividend") for the financial year ended 30 June 2016. 

On 6 December 2016, the shareholders of GDEX had at the Company's Thirteenth 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 ("4th DRP"). On even date, the Board determined that the 4th DRP shall apply to the entire Dividend. 

On behalf of the Board, RHB Investment Bank Berhad had, on 3 January 2017, announced that the issue price of the new GDEX Shares to be issued pursuant to the implementation of the 4th DRP has been fixed at RM1.5229 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 4 January 2017. 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 17 January 2017. For avoidance of doubt, Warrant Holders who lodge their duly completed exercise forms between 5 January 2017 and 17 January 2017 (both dates inclusive) will not be entitled for the Dividend.

This announcement is dated 3 January 2017.

Announcement Info

Stock Name GDEX
Date Announced 03 Jan 2017
Category Entitlement(Notice of Book Closure)
Reference Number ENT-03012017-00001

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