First and Final Dividend



Entitlement date24/12/2013
Entitlement time05:00:00 PM
Entitlement subjectFirst and Final Dividend
Entitlement descriptionFirst and Final Single-Tier Dividend of 22.5% or 1.125 sen per ordinary share of RM0.05 each
Period of interest payment to
Financial Year End30/06/2013
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noBoardroom Corporate Services (KL) Sdn Bhd
Lot 6.05, Level 6, KPMG Tower
8 First Avenue, Bandar Utama
47800 Petaling Jaya
Selangor Darul Ehsan
Tel No.: 03-7720 1188
Fax No.: 03-7720 111
Payment date 23/01/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers24/12/2013 
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 indicatorPercentage
Entitlement in percentage (%)22.5

Remarks :
On 27 August 2013, the Board of Directors of GD Express Carrier Bhd ("GDEX" or the "Company") ("Board") had proposed a first and final single-tier final dividend of 22.5% or 2.25 sen per ordinary share of RM0.10 each in GDEX for the financial year ended 30 June 2013. Subsequently, GDEX has undertaken a subdivision of every one (1) existing ordinary share of RM0.10 each in GDEX into two (2) ordinary shares of RM0.05 each in GDEX ("GDEX Shares" or "Shares"), resulting in the dividend being revised to 22.5% or 1.125 sen per GDEX Share ("First and Final Dividend").

On 3 December 2013, the shareholders of GDEX had at the Company's Tenth Annual General Meeting approved the First and Final 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 ("DRP"). On even date, the Board determined that the DRP shall apply to the First and Final Dividend to be reinvested in new GDEX Shares pursuant to the DRP.

On behalf of the Board, RHB Investment Bank Berhad had, on 10 December 2013, announced that the issue price of the new Shares to be issued pursuant to the first implementation of the DRP has been fixed today at RM1.32710 per new Share.

Holders of GDEX's existing Warrants 2011/2016 ("Warrant Holders") who wish to be entitled to the DRP shall 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 12 December 2013. 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 the Entitlement Date. For the avoidance of doubt, Warrant Holders who lodge their duly completed exercise forms between 13 December 2013 and 24 December 2013 (both dates inclusive) will not be entitled for the DRP.

This announcement is dated 10 December 2013

Announcement Info

Stock Name GDEX    
Date Announced10 Dec 2013  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-131210-68026

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