Friday, December 2, 2011

PLUS to be suspended Dec 8 for dividend distribution

KUALA LUMPUR (Dec 2): Trading in the securities of PLUS EXPRESSWAYS BHD [] will be suspended from Thursday, Dec 8 for the distribution of the cash proceeds.

A Bursa Malaysia circular on Friday said the suspension was from distribution following the disposal of the businesses, assets and liabilities via a special dividend and selective capital reduction and repayment.

Under the distribution, PLUS shareholders, other than the Employees Provident Fund Board, UEM Group Bhd and Khazanah Nasional Berhad, will be entitled to receive RM4.45 for each PLUS share held on the entitlement date.

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