The Dividend Reinvestment Plan ("DRP") offers the opportunity for our valued shareholders with the options to receive the dividend declared in form of cash or to reinvest the electable portion of the dividend ("Electable Portion") in the form of new ordinary shares of RM1.00 each in RHB Capital ("RHB Capital Shares").
Why Should Investors Consider DRP?
The DRP is part of the Company's efforts to enhance and maximise shareholders' value. DRP is a programme established to offer deserving shareholders the flexibility in strategizing and fulfilling their investment objectives as well as financial needs. Through DRP, shareholders are offered the opportunity to possess additional RHB Capital Shares at discount of up to 10% of the prevailing adjusted ex-dividend market price.
Interim Dividend For The Financial Year Ended 31 December 2014
On 27 February 2015, RHB Capital announced a single-tier interim dividend of 6 sen per RHB Capital Share in respect of financial year ended 31 December 2014 amounting to approximately RM154.35 million ("Interim Dividend"). In this regard, the Board had also determined that the existing DRP, which was approved by the shareholders at the Extraordinary General Meeting held on 6 April 2011, shall apply to the Interim Dividend.
The issue price and book closure date in relation to the DRP in conjunction with the Interim Dividend was announced by RHB Capital on 13 March 2015. The Interim Dividend will be paid on 24 April 2015.
On 1 April 2015, RHB Capital has despatched the following documents to the entitled shareholders whose registered address in RHB Capital's Record of Depositors is in Malaysia:
Please note that the Notice of Election available for download on this page is not intended for shareholders whose registered address in RHB Capital's Record of Depositors is not in Malaysia and/or shareholders who are outside Malaysia.
Eligible shareholders who would like to participate in the DRP must complete and sign the DRF and ensure that it is received by Symphony Share Registrars Sdn Bhd, the Registrar for the DRP, on or before Wednesday, 15 April 2015 at 5.00 p.m.