REPL::Cash Dividend/ Distribution::Mandatory

Issuer & Securities

Issuer/ Manager
RIVERSTONE HOLDINGS LIMITED
Security
RIVERSTONE HOLDINGS LIMITED - SG1U22933048 - AP4

Announcement Details

Announcement Title
Mandatory Cash Dividend/ Distribution
Date &Time of Broadcast
23-Apr-2019 09:21:14
Status
Replacement
Corporate Action Reference
SG190404DVCA0I46
Submitted By (Co./ Ind. Name)
Wong Teek Son
Designation
Executive Chairman & Chief Executive Officer
Dividend/ Distribution Number
Applicable
Value
25
Dividend/ Distribution Type
Final
Financial Year End
31/12/2018
Declared Dividend/ Distribution Rate (Per Share/ Unit)
MYR 0.0545

Event Narrative

Narrative Type
Narrative Text
Additional TextThe correct payment date of the said proposed final dividend is 17 May 2019, if approved by the members at the Annual General Meeting to be held on 22 April 2019.
Additional TextThe Company refers to its announcements dated 4 April 2019 and 16 April 2019 in relation to the Notice of Annual General Meeting ("AGM") dated 5 April 2019 ("Notice of AGM") and the Corrigendum to the Notice of AGM, as well as to its announcement dated 22 April 2019 on the voting results of the AGM.
Additional TextAs stated in the 22 April 2019 announcement, the AGM has approved an amendment to the proposed Resolution 2 as set out in the Notice of AGM to amend the proposed final dividend figure from "5.70 sen (RM) per ordinary share" to "5.45 sen (RM) per ordinary share", and the amended Resolution 2 was also approved by the AGM.
Additional TextAccordingly, a final tax exempt (1-tier) dividend of 5.45 sen (RM) per ordinary share will be paid to shareholders of the Company ("Shareholders").
Additional TextThe numerical error is also found in the Notice of Books Closure Date and the Corrigendum released on 4 April 2019 and 5 April 2019. Pursuant to the aforesaid amended Resolution 2 in the Notice of AGM approved by Shareholders at the AGM held today, the amended Notice of Books Closure is attached hereto, for Shareholders' reference.

Event Dates

Record Date and Time
30/04/2019 17:00:00
Ex Date
29/04/2019

Dividend Details

Payment Type
Tax Exempted (1-tier)
Gross Rate (Per Share)
MYR 0.0545
Net Rate (Per Share)
MYR 0.0545
Pay Date
17/05/2019
Gross Rate Status
Actual Rate

Attachments

Related Announcements

Applicable for REITs/ Business Trusts/ Stapled Securities