OTHERS SUNWAY BERHAD ("SUNWAY") - FIRST SINGLE TIER INTERIM DIVIDEND FOR FINANCIAL YEAR ENDING 31 DECEMBER 2017
SUNWAY BERHAD ("SUNWAY") - FIRST SINGLE TIER INTERIM DIVIDEND FOR FINANCIAL YEAR ENDING 31 DECEMBER 2017
The Board of Directors of Sunway is pleased to announce the declaration of a first single tier interim dividend of 7 sen per ordinary share in respect of the financial year ending 31 December 2017. The entitlement and payment dates in respect of the aforesaid dividend will be determined and announced in due course.
As per the announcement made by Kenanga Investment Bank Berhad for and on behalf of the Board of Directors of Sunway on 14 June 2017, the Company has proposed to undertake a bonus issue of new ordinary shares on the basis of four (4) Bonus Shares for every three (3) existing Sunway Shares held, and a bonus issue of free warrants on the basis of three (3) warrants for every ten (10) existing Sunway Shares held. In the event the entitlement date for the proposed bonus issue of shares and warrants is prior to the entitlement date for the first single tier interim dividend, the aforesaid dividend of 7 sen per share will be adjusted accordingly to 3 sen per share to take into consideration of the enlarged number of shares of the Company following the proposed bonus issue of shares.
This announcement is dated 29 August 2017.
|Company Name||SUNWAY BERHAD|
|Date Announced||29 Aug 2017|
|Category||General Announcement for PLC|