| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
DAYANG ENTERPRISE HOLDINGS BERHAD ("DAYANG" OR "COMPANY") PROPOSED DISTRIBUTION OF UP TO 292,229,202 ORDINARY SHARES IN PERDANA PETROLEUM BERHAD ("PERDANA") ("PERDANA SHARES") BY WAY OF DIVIDEND-IN-SPECIE TO THE SHAREHOLDERS OF DAYANG ("PROPOSED DIVIDEND-IN-SPECIE") |
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On behalf of the Board of Directors of the Company, Maybank Investment Bank Berhad wishes to announce that the Company proposes to distribute up to 292,229,202 Perdana Shares, representing about 37.5% equity interest in Perdana, by way of dividend-in-specie to the shareholders of the Company. Please refer to the attachment for further details on the Proposed Dividend-In-Specie.
This Announcement is dated 12 May 2017. |
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Please refer attachment below.
| Company Name | DAYANG ENTERPRISE HOLDINGS BERHAD |
| Stock Name | DAYANG |
| Date Announced | 12 May 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12052017-00095 |
Attachments