Monday, June 20, 2011

EON Cap shareholders to get RM5.16 dividend on Tuesday

KUALA LUMPUR: EON CAPITAL BHD [] said it will pay the special tax-exempt dividend of RM5.16 a share on Tuesday, June 21 to all shareholders on the register.

It said on Monday, June 20 the balance cash proceeds of RM1.79 billion from the disposal to HONG LEONG BANK BHD [] will be distributed back to shareholders via a non taxable capital repayment.

However, this is pending a High Court confirmation on July 18, EON Cap said.

The capital repayment was approved by shareholders at the EGM held on Sept 27, 2010 and was expected to be completed by year-end 2011.

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