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Thursday, November 10, 2011

CI Holdings to reward shareholders with RM724m or RM5.10 per share (Edge)

C.I. HOLDINGS BHD [] is increasing the cash distribution to shareholders to RM724.2 million or RM5.10 per share from the initial plan to distribute at least RM568 million or RM4 per share.

It said on Thursday the increase in the cash distribution would be implemented via the declaration of a special dividend payment and a proposed capital repayment via a reduction of the issued and paid-up share capital.

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