News@Bursa : eDividend

-----Original Message-----
From: Wan Choon Yen [mailto:Wan_Cy@bursamalaysia.com]
Sent: Tuesday, April 13, 2010 10:58 AM
To: Wan Choon Yen
Subject: Fwd: News@Bursa : eDividend

FYI/A:

All public listed companies (PLCs) on Bursa Malaysia who announce a books closing date for cash dividends on or after 1 September 2010, will be required to pay the cash dividends to their shareholders by directly crediting such payments into their bank account under the eDividend initiative.

You can provide your bank account details for eDividend to your stock broker from 19 April 2010 onwards, via the submission of an eDividend Form and supporting documents. The eDividend form can be obtained from your stock broker or downloaded from the Bursa Malaysia website.

Shareholders will be given a one year period beginning 19 April 2010 to provide their bank account details for eDividend. However, those who do so after 18 April 2011 will be charged an administrative fee. It is envisaged that this paperless dividend payment system will result in increased convenience and faster access to dividends within a secure environment for shareholders. It eliminates the need for shareholders to visit the bank to deposit dividend cheques which are posted to them, as well as the problem of misplaced, lost or expired cheques.

Please help to communicate this message to your family, friends, business partners and stakeholders.

You can obtain more information from the eDividend page on our website: http://www.bursamalaysia.com/website/bm/trading/edividend.html
 
 
Thank you and warm regards.

Attachment: eDividend_poster[1].pdf