Sona shareholders to get 49.38 sen per share by November - News Summed Up

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Sona shareholders to get 49.38 sen per share by November


The balance 3% of the monies will be distributed within two years from the first distribution, said Sona. In a filing with Bursa Malaysia today, Sona said as at today, the total gross amount of monies held in the cash trust account is RM543.25 million. This is equivalent to a gross distribution value of 49.38 sen per share (excluding tax and other distribution cost). "The company's solicitors are in the process of extracting the sealed order from the High Court as soon as possible," it added. Sona shares closed unchanged at 46.5 sen today, bringing a market capitalisation of RM655.98 million.


Source: The Edge Markets September 19, 2016 12:00 UTC



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