News

(1) Declaration Of First And Final Dividend(2) Proposed Renewal Of And New Shareholders' Mandates For Recurrent Related Party Transactions Of A Revenue Or Trading Nature ("RRPT") ("Proposed Shareholders' Mandates")

BackDec 04, 2009

Type	Announcement
Subject	(1) DECLARATION OF FIRST AND FINAL DIVIDEND (2) PROPOSED RENEWAL OF AND NEW SHAREHOLDERS' MANDATES FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT") ("Proposed Shareholders' Mandates")
Contents	The Board of Directors of Rimbunan Sawit Berhad ("RSB") wishes to announce that the Board of Directors has on 4 December 2009 :- (i) recommended a first and final dividend of 3.5 sen per share, less 25% corporate tax, for the financial year ended 31 August 2009, payable on 18 March 2010 to depositors whose names appear in the Record of Depositors on 19 February 2010. The notice of dividend entitlement and payment shall be advertised at a later date. (ii) proposed to seek shareholders' mandates from the shareholders for both the existing and new RRPTs by way of an ordinary resolution at the forthcoming annual general meeting ("AGM") of RSB to be convened at a later date. A Circular to Shareholders is currently being prepared for seeking shareholders' approval on the Proposed Shareholders' Mandates. The existing shareholders’ mandates were obtained at the AGM of RSB held on 5 February 2009. In accordance with the Main Market Listing Requirements, the existing shareholders' mandates shall lapse at the conclusion of the forthcoming AGM, unless renewal is obtained.