CIMB fixes DRS issue price at RM4.02 each


CIMB said the issue price represented a discount of about 10% to the theoretical ex-dividend price of RM4.4590 per share.

KUALA LUMPUR: CIMB Group Holdings Bhd, which proposed an interim dividend of RM4.81 sen per share on Feb 26, has fixed the issue price of new shares under the dividend reinvestment scheme (DRS) for the dividend at RM4.02 each.

CIMB said the issue price represented a discount of about 10% to the theoretical ex-dividend price of RM4.4590 per share.

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