The Sun (Malaysia)

Puncak Niaga to pay special dividend on Dec 23


PETALING JAYA: Puncak Niaga Holdings Bhd will pay the special dividend of RM1 to its shareholde­rs on Dec 23 2015 following the sale of its water assets in Selangor for RM1.55 billion.

In a stock exchange filing yesterday, the company controlled by Tan Sri Rozali Ismail said the shareholde­rs’ names have to appear in the records at as Dec 8 while the ex-date is Dec 4.

Holders of its existing warrants 2013/2018 should subscribe for the new Puncak shares on or before Nov 25. Puncak said this is to enable the new shares arising from the exercise to be allotted to the warrant holders by the Dec 8 deadline.

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