Friday 13 April 2012

BIMB - Final Dividend (7.25%)

Company: BIMB HOLDINGS BHD
Stock Name: BIMB
Amount: 7.25%
Announcement Date: 13/04/2012
Ex Date: 21/05/2012

Dividend Detail:

EX-date: 21/05/2012

Entitlement date: 23/05/2012

Entitlement time: 04:00:00 PM

Entitlement subject: Final Dividend

Entitlement description: Final Single Tier Dividend of 7.25%

Period of interest payment: to

Financial Year End: 31/12/2011

Share transfer book & register of members will be: 24/05/2012 to 25/05/2012 closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: Symphony Share Registrar Sdn. Bhd. Level 6, Symphony House, Block D13, Pusat Dagangan Dana 1, Jalan PJU 1A/46, 47301 Petaling Jaya, Selangor. Tel No: 03-7841 8000

Payment date: 13/06/2012

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 23/05/2012

Entitlement indicator: Percentage

Entitlement in percentage (%): 7.25

Remarks: The Board of BIMB Holdings Berhad ("BHB or "The Company") is recommending a Final Single Tier Dividend of 7.25% for the financial year ended 31 December 2011 compared to a final dividend of 1.6% less 25% tax for the 18 months financial period ended 31 December 2010.

The variation in a final dividend between the current financial year and previous financial period was due to the followings:-
1) For the financial year ended 31 December 2011, the Company has recorded a profit before zakat and tax of RM253 million compared to RM37.2 million for the 18 months financial period ended 31 December 2010.
2) Net profit for the financial year ended 31 December 2011 stood at RM228 million compared to RM30.2 million for the 18 months financial period ended 31 December 2010.

This announcement is dated 13 April 2012.