Immediate Announcement on Shares Buy Back

16/03/2021

Immediate Announcement on Shares Buy Back

GENTING MALAYSIA BERHAD

Date of buy back 16 Mar 2021
Description of shares purchased Ordinary shares
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 1,400,000
Minimum price paid for each share purchased ($$) 3.110
Maximum price paid for each share purchased ($$) 3.150
Total consideration paid ($$) 4,402,609.23
Number of shares purchased retained in treasury (units) 1,400,000
Number of shares purchased which are proposed to be cancelled (units) 0
Cumulative net outstanding treasury shares as at to-date (units) 291,608,962
Adjusted issued capital after cancellation
(no. of shares) (units)
5,938,044,648
Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 4.91086



Remarks :
Genting Malaysia Berhad ("Company") today acquired 1,400,000 shares for a total consideration of RM4,402,609.23 at an average price of RM3.1447 each, inclusive of transaction costs. The share buy-back was made pursuant to the approval obtained from the Company's shareholders at the Company's Annual General Meeting held on 22 June 2020.

The resulting cumulative net outstanding treasury shares of 291,608,962 represent approximately 4.91086% of the Company's issued and paid-up share capital of 5,938,044,648 ordinary shares as at 16 March 2021.


Announcement Info

Company Name GENTING MALAYSIA BERHAD
Stock Name GENM
Date Announced 16 Mar 2021
Category Immediate Announcement on Shares Buy Back
Reference Number SB1-12032021-00010