Highlights


REPL::Cash Dividend/ Distribution::Mandatory
Issuer & Securities
Issuer/ ManagerRIVERSTONE HOLDINGS LIMITED
SecurityRIVERSTONE HOLDINGS LIMITED - SG1U22933048 - AP4
Announcement Details
Announcement Title Mandatory Cash Dividend/ Distribution
Date & Time of Broadcast22-Apr-2019 17:43:46
StatusReplacement
Corporate Action ReferenceSG190404DVCA0I46
Submitted By (Co./ Ind. Name)Wong Teek Son
DesignationExecutive Chairman & Chief Executive Officer
Dividend/ Distribution NumberApplicable
Value25
Dividend/ Distribution TypeFinal
Financial Year End31/12/2018
Declared Dividend/ Distribution Rate (Per Share/ Unit)MYR 0.057
Event Narrative
Narrative TypeNarrative 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 Time30/04/2019 17:00:00
Ex Date29/04/2019
Dividend Details
Payment TypeTax Exempted (1-tier)
Gross Rate (Per Share)MYR 0.057
Net Rate (Per Share)MYR 0.057
Pay Date17/05/2019
Gross Rate StatusActual Rate
Attachments
Related Announcements
05/04/2019 10:11:19
04/04/2019 17:40:11

Applicable for REITs/ Business Trusts/ Stapled Securities


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