CLIQ to distribute remaining cash to its shareholders

TheStar Fri, Jan 04, 2019 08:02am - 5 years View Original


On Nov 14 last year, CLIQ made its first distribution of about 98% of the monies held in the cash trust account to entitled shareholders for 73.3 sen apiece or RM355.5mil.  The balance 2% or RM7.3mil of the monies is expected to be distributed in the coming weeks.

On Nov 14 last year, CLIQ made its first distribution of about 98% of the monies held in the cash trust account to entitled shareholders for 73.3 sen apiece or RM355.5mil. The balance 2% or RM7.3mil of the monies is expected to be distributed in the coming weeks.

PETALING JAYA: CLIQ Energy Bhd , a special-purpose acquisition company (SPAC), will distribute the remaining cash in its trust account to its shareholders by the end of this month.

In a filing with Bursa Malaysia yesterday, the company expected to make the final distribution of the remaining monies in its cash trust account to its shareholders on Jan 31.

   

CLIQ announced the date of the final cash distribution after obtaining tax clearance from the Inland Revenue Board.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 8.300
CLIQ 0.720

Comments

Login to comment.