M&G

Interim Dividend (with Dividend Re-Investment Plan)

SILK HOLDINGS BERHAD

EX-date 24 Jul 2017
Entitlement date 26 Jul 2017
Entitlement time 05:00 PM
Entitlement subject Interim Dividend (with Dividend Re-Investment Plan)
Entitlement description Interim Single Tier Dividend of 5 sen per ordinary share
Period of interest payment   to  
Financial Year End 31 Dec 2017
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 Tel:03-7841 8000 Fax:03-7841 8151/7841 8152
Payment date 23 Aug 2017
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 26 Jul 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 Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.05
Par Value (if applicable) Malaysian Ringgit (MYR) 0.000


Remarks :
On 21 June 2017, the Board of Directors ("Board") of Marine & General Berhad (formerly known as SILK Holdings Berhad) ("M&G") had declared a special dividend of 10 sen per ordinary share in M&G ("Share") and an interim dividend of 5 sen per Share for the financial year ending 31 December 2017 (collectively, the "Dividends"). 

The Board had also determined that the Dividend Reinvestment Plan ("DRP") will apply to the entire Dividends which will provide the shareholders of M&G with the option to reinvest the Dividends into new Shares. 

The Board had also on 21 June 2017 announced that the issue price for the new Shares to be issued pursuant to the DRP applicable to the Dividends has been fixed at RM0.32 per new Share.

Arising from migration to the no par value regime under the Companies Act 2016, par value is no longer relevant.

This announcement is dated 12 July 2017.


Announcement Info

Company Name SILK HOLDINGS BERHAD
Stock Name SILKHLD
Date Announced 12 Jul 2017
Category Entitlement(Notice of Book Closure)
Reference Number ENT-11072017-00003


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