News
News
BURSA MALAYSIA BERHAD ("BURSA" OR "COMPANY") PROPOSED DISTRIBUTION OF RM416.0 MILLION IN CASH TO ALL SHAREHOLDERS ("PROPOSED DISTRIBUTION")
BackOct 05, 2005
General Announcement Reference No MM-051005-35527 |
Submitting Merchant Bank | : | COMMERCE INTERNATIONAL MERCHANT BANKERS BERHAD |
Company Name | : | BURSA MALAYSIA BERHAD |
Stock Name | : | BURSA |
Date Announced | : | 05/10/2005 |
Type | : | Announcement |
Subject | : | BURSA MALAYSIA BERHAD ("BURSA" OR "COMPANY") PROPOSED DISTRIBUTION OF RM416.0 MILLION IN CASH TO ALL SHAREHOLDERS ("PROPOSED DISTRIBUTION") |
Contents :
We refer to the announcement dated 12 September 2005.
On behalf of Bursa, we are pleased to announce that Bursa's shareholders had, at the Extraordinary General Meeting held today, approved the Proposed Distribution.
The Proposed Distribution is now pending the confirmation of the High Court of Malaya under Section 64 of the Companies Act, 1965.
Barring any unforeseen circumstances, the Proposed Distribution is expected to be completed by the end of 2005.
This announcement is dated 5 October 2005.