OTHERS Proposed Declaration of a Single Tier Final Dividend for the year ended December 31, 2018 by way of share dividend of one (1) treasury share for every twenty (20) existing ordinary shares held in the Company

DUFU TECHNOLOGY CORP. BERHAD

Type Announcement
Subject OTHERS
Description
Proposed Declaration of a Single Tier Final Dividend for the year ended December 31, 2018 by way of share dividend of one (1) treasury share for every twenty (20) existing ordinary shares held in the Company

Please be informed that the Board of Directors of Dufu has on February 26, 2019, proposed a Single Tier Final Dividend for the year ended December 31, 2018 by way of share dividend of one (1) treasury share for every twenty (20) existing ordinary shares held in the Company to be approved by the shareholders at the forthcoming 17th Annual General Meeting of the Company. Fractions of treasury shares to be disregarded and will be dealt with in such manner as the Board of Directors shall in its absolute discretion think expedient or to be in the best interests of the Company.

 

Based on the treasury shares book cost, the share dividend is equivalent to 2.5 sen per shares.

 

Pursuant to Para 8.26 of the Bursa Securities Main Marketing Listing Requirements, the final dividend, if approved, will be paid on later than three (3) months from the date of shareholders’ approval. However, the entitlement date of the dividend have yet to be finalized at the moment.

 

A further announcement will be made at a later date upon finalization of the entitlement date of the above.

 

This announcement is dated February 26, 2019.






Announcement Info

Company Name DUFU TECHNOLOGY CORP. BERHAD
Stock Name DUFU
Date Announced 26 Feb 2019
Category General Announcement for PLC
Reference Number GA1-26022019-00103