Notice of 45th Annual General Meeting for the Financial Year 2017/2018 that will be held at the Grand Ballroom, First Floor, Sime Darby Convention Centre, 1A, Jalan Bukit Kiara 1, 60000 Kuala Lumpur, Malaysia on Wednesday, 31 October 2018 at 10.00 a.m.
Pursuant to Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, all resolutions set out in the Notice of AGM will be put to vote by poll.
The resolutions proposed at the Annual General Meeting of Sime Darby Property Berhad and the results thereof are announced through Bursa Malaysia Securities Berhad. The announcements can be viewed on Bursa Malaysia website at http://www.bursamalaysia.com
The Company received a letter from the Minority Shareholder Watch Group (MSWG) dated 19 October 2018 which sought clarification on some issues in relation to the Annual Report 2018. Sime Darby Property Berhad has responded to the issues raised via a letter dated 25 October 2018.
As at 28 February 2019
As at 28 February 2019
Source: Tricor Investor
As at 30 August 2018
(as per the Sime Darby Annual Report 2018)
Share Capital and Number of Issued Shares:
RM6,800,839,377 comprising 6,800,839,377 ordinary shares
Class of Shares:
One vote per ordinary share in the case of a poll and one vote per person on a show of hands
SUBSTANTIAL SHAREHOLDERS AS PER THE REGISTER OF SUBSTANTIAL SHAREHOLDERS
|No.||Name of Shareholders||No. of Shares Held (Direct Interest)||% of Issued Shares||No. of Shares Held (Indirect/Deemed Interest)||% of Issued Shares|
|1||Amanahraya Trustees Berhad - Amanah Saham Bumiputera||2,949,949,600||43.38||-||-|
|2||Employees Provident Fund Board||686,306,810||10.09||60,775,100||0.89|
|3||Permodalan Nasional Berhad||352,905,892||5.19||-||-|
|4||Yayasan Pelaburan Bumiputra1||-||-||352,905,892||5.19|
The Board of Directors has declared a second interim dividend of 3 sen per share to be paid on 26 October 2018. Including the first interim dividend of 2 sen per share paid on 26 April 2018, total dividend for the financial year amounts to RM340 million or 5 sen per share. This represents a dividend payout ratio on Net Earnings of 53% and a dividend yield of 4.2%.
We propose to pay dividends out of cash generated from our operations after setting aside necessary funding for capital expenditure and working capital requirements.
Sime Darby Property Berhad targets a dividend payout ratio of not less than 20.0% of our consolidated profit attributable to the owners of our Company under MFRS, beginning 1 July 2017
The declaration of interim and final dividends is subject to the discretion of our Board. However, our ability to pay will depend upon a number of factors, including:
No inference should be made from any of the foregoing statements as to our actual future profitability or our ability to pay dividends in the future.
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