Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 High Dividend Counters, Better than putting in FD

views
     
dEviLs
post Jul 24 2008, 03:29 PM

Three Suns~
*******
Senior Member
2,811 posts

Joined: Jan 2003
From: Selayang



JT INTERNATIONAL BERHAD ("JTI" OR 'COMPANY")
PROPOSED CAPITAL REPAYMENT TO THE SHAREHOLDERS OF JTI VIA A CASH DISTRIBUTION
ON THE BASIS OF RM0.75 CASH FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM1.00
EACH HELD IN JTI AT A DATE TO BE DETERMINED LATER ("PROPOSED CAPITAL
REPAYMENT")
The Board of Directors of JTI wishes to announce that the Company is proposing
to undertake a capital repayment of RM 0.75 for every one (1) JTI Share to be
satisfied wholly in cash to its shareholders. The Proposed Capital Repayment
will be carried out via a reduction of the share capital of JTI pursuant to
Section 64 of the Companies Act, 1965 (“Act”).

Another cash cow, no ? sweat.gif

 

Change to:
| Lo-Fi Version
0.0161sec    0.41    7 queries    GZIP Disabled
Time is now: 3rd December 2025 - 05:20 PM