GDEX
First and Final Dividend
| GD EXPRESS CARRIER BERHAD |
|
EX-date | 06/01/2015 |
| Entitlement date | 08/01/2015 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | First and Final Dividend |
| Entitlement description | First 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 End | 30/06/2014 |
| 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 no | Boardroom Corporate Services (KL) Sdn Bhd Lot 6.05, Level 6, KPMG Tower 8 First Avenue, Bandar Utama 47800 Petaling Jaya Selangor Darul Ehsan Malaysia Tel No.: 03-7720 1188 Fax No.: 03-7720 1111 |
| Payment date | 06/02/2015 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 08/01/2015 |
| 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 (%) | 22.5 |
| Remarks : |
| On 28 August 2014, the Board of Directors of GD Express Carrier Bhd ("GDEX" or the “Company”) ("Board") had proposed a 22.5% final single-tier final dividend of 1.125 sen per ordinary share of RM0.05 each in GDEX ("GDEX Shares") ("Dividend") for the financial year ended 30 June 2014. On 3 December 2014, the shareholders of GDEX had at the Company's Eleventh 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 ("2nd DRP"). On even date, the Board determined that the 2nd DRP shall apply to the entire Dividend. On behalf of the Board, Hong Leong Investment Bank Berhad had, on 23 December 2014, announced that the issue price of the new GDEX Shares to be issued pursuant to the implementation of the 2nd DRP has been fixed at RM1.39 per share. Holders of GDEX’s existing Warrants 2011/2016 (“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 26 December 2014. 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 8 January 2015. For the avoidance of doubt, Warrant Holders who lodge their duly completed exercise forms between 27 December 2014 and 8 January 2015 (both dates inclusive) will not be entitled for the Dividend. This announcement is dated 23 December 2014. |
Announcement Info
| Company Name | GD EXPRESS CARRIER BERHAD |
| Stock Name | GDEX |
| Date Announced | 23 Dec 2014 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | CC-141223-25894 |