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KIMLUN

Final Dividend (with Dividend Re-Investment Plan)

KIMLUN CORPORATION BERHAD

Entitlement subject Final Dividend (with Dividend Re-Investment Plan)
Entitlement description
Single tier final dividend of RM0.033 per share
Ex-Date 09 Nov 2020
Entitlement date 10 Nov 2020
Entitlement time 5:00 PM
Financial Year End 31 Dec 2019
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date 04 Dec 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 10 Nov 2020
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
Entitlement in Currency Malaysian Ringgit (MYR)  0.0330
Options Available to Shareholders Cash or Securities

Cash

Cash^ Entitlement

1
Tax Indicator Tax Exempt / Non-taxable
Currency Malaysian Ringgit (MYR)
Amount 0.0330

or Securities

Re-invest Cash Entitlement into Securities
Entitlement Malaysian Ringgit (MYR)  0.0330
Company Name
KIMLUN CORPORATION BERHAD
Issue Price per Unit Malaysian Ringgit (MYR) 0.6450
Deadline To Respond 26 Nov 2020 05:00 PM
Securities Crediting Date 04 Dec 2020
Available/Listing Date 07 Dec 2020
Fractional Entitlement Cash in Lieu of Fraction
Malaysian Ringgit (MYR) 0.6450 per unit
Note: You will receive Cash^ if you do not Re-invest.

Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,

No. 8, Jalan Kerinchi

59200 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
On 27 February 2020, the Board of Directors of Kimlun Corporation Berhad ("Kimlun" or the "Company") ("Board") proposed a single tier final dividend of RM0.033 per ordinary share in Kimlun ("Kimlun Share") in respect of the financial year ended 31 December 2019 ("FYE 2019 Final Dividend"). The Board had also determined that the dividend reinvestment plan ("DRP") will apply to the FYE 2019 Final Dividend and shareholders be given an option to elect to reinvest the entire FYE 2019 Final Dividend in new Kimlun Shares. 

The Company had obtained the approval from its shareholders at the Company's Eleventh Annual General Meeting convened on 15 September 2020 for the FYE 2019 Final Dividend and the renewal of its authority to allot such number of new Kimlun Shares from time to time as may be required to be allotted pursuant to the DRP until the conclusion of the next annual general meeting ("AGM") of the Company or at the expiry of the period within which the next AGM is required to be held, whichever is earlier.

On behalf of the Board, RHB Investment Bank Berhad had on 26 October 2020, announced that the issue price of the new Kimlun Shares to be issued pursuant to the DRP in respect of the FYE 2019 Final Dividend had been fixed at RM0.645 per new Kimlun Share.

Holders of Warrants 2014/2024 in the Company who wish to exercise their Warrants 2014/2024 and be entitled to the FYE 2019 Final Dividend with Dividend Reinvestment Plan must lodge their duly completed and signed subscription forms together with the exercise monies with the share registrar of the Company, Tricor Investor & Issuing House Services Sdn Bhd by 5.00 p.m. on 2 November 2020.

This announcement is dated 26 October 2020.


Announcement Info

Company Name KIMLUN CORPORATION BERHAD
Stock Name KIMLUN
Date Announced 26 Oct 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-26102020-00005
Corporate Action ID MY201026DRIP0001


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