CIMB
Dividend in specie
Amended Announcements
Please refer to the earlier announcement reference number: ENT-26072016-00014
| CIMB GROUP HOLDINGS BERHAD |
| EX-date | 05 Aug 2016 |
| Entitlement date | 09 Aug 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Dividend in specie |
| Entitlement description | Special interim dividend-in-specie by way of distributing 1,366,988,057 existing Class B ordinary shares of par value IDR 50 Each in PT Bank CIMB Niaga Tbk ("Niaga") ("Dividend Shares"), a 97.94% indirect subsidiary of CIMBGH, to entitled shareholders of the Company ("Dividend-In-Specie") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2016 |
| Share transfer book & register of members will be | 09 Aug 2016 to 09 Aug 2016 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 47301Petaling Jaya Tel:0378490777 Fax:0378418151 |
| Payment date | 30 Aug 2016 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 09 Aug 2016 |
| 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 | Ratio |
| Ratio | 1 : 6.39 |
| Rights Issue/Offer Price | |
| Par Value | Indonesian Rupiah (IDR) 50.000 |
| Remarks : |
Please note that there has been an amendment to the Ratio section in the table above. Other contents remain unchanged.
Remarks: The special interim dividend-in-specie involves the distribution of 1,366,988,057 Dividend Shares to CIMBGHs shareholders whose names appear in the Record of Depositors on Entitlement Date ("Entitled Shareholders").
The Dividend Shares are allocated on the basis of 1 Niaga share for approximately every 6.39 CIMBGH shares held as at 5.00PM on the Entitlement Date.
CIMBGH shareholders who hold fewer than 639 CIMBGH Shares as at 5.00PM on the Entitlement Date will receive cash in lieu of the actual number of Dividend Shares that they would otherwise be entitled to receive.
In regards to fractional entitlements, the Board of Directors has decided that entitlements to less than one (1) Dividend Share shall be disregarded. For avoidance of doubt, Entitled Shareholders who are entitled to less than one (1) Dividend Share will not receive any Dividend Shares or cash.
Please refer to CIMBGHs announcement dated 15 June 2016 and 26 July 2016 for further details on the special interim dividend-in-specie. |
Announcement Info
| Company Name | CIMB GROUP HOLDINGS BERHAD |
| Stock Name | CIMB |
| Date Announced | 27 Jul 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-27072016-00006 |