I hold some shares in GCORP

this is their announcement:

Pursuant to the Master Sale and Purchase Agreement dated 19 May 2010 between the Company and Consistent Record Sdn Bhd ("CRSB") in relation to the disposal of the entire business and undertaking of our Company (including all of our assets and liabilities) to CRSB for a total consideration of RM505,043,864.20, CRSB has proposed the voluntary winding-up of the Company ("Proposed Winding-Up"). The Board will accordingly seek the approval of the shareholders of the Company at an extraordinary general meeting to be convened for the Proposed Winding-Up.

The Proposed Winding-Up will facilitate the distribution to the Company's shareholders [other than CRSB, the Relevant Family Members and PAC (both as defined in the Circular to shareholders dated 5 August 2010)] the sum of RM1.70 cash per GCB Share.

My question is : do they distribute the cash directly to my bank account like e-dividend or cheque? can anyone explain.

thanks

This post has been edited by greddym3: Nov 12 2010, 04:39 PM