Sunway declares special dividend of 26 sen a share

KUALA LUMPUR: Sunway Bhd has rewarded its shareholders with a special dividend of 26 sen a share.

It said on Wednesday the dividend will go ex on Sept 30 and be paid on Oct 16.

The dividend arose from the proceeds raised from the offer for sale of 398.70 million Sunway Construction Bhd shares, which was a unit of Sunway Bhd – under its listing exercise on July 28.

The dividend was after setting aside the listing expenses and working capital.

Any new Sunway shares to be allotted pursuant to the exercise of the outstanding warrants and ESOS options and shareholders of Sunway on the entitlement date would be entitled to the dividend.