Bursa Malaysia Securities Bhd has approved the listing and quotation of up to 100 million new ordinary shares in Gamuda Bhd under the group’s existing Dividend Reinvestment Plan (DRP).
The group said the approval relates to shareholders’ participation in the reinvestment of the electable portion of the company’s second interim dividend for the financial year ending July 31, 2026.
The approval, conveyed by Bursa Securities in a letter dated July 17, 2026, allows the infrastructure and property group to issue up to 100 million new shares to eligible shareholders who choose to reinvest their cash dividend instead of receiving it entirely in cash.
The DRP enables shareholders to convert all or part of their dividend entitlement into new Gamuda shares at an issue price to be determined in accordance with the terms of the reinvestment exercise.
Bursa Securities’ approval is subject to several conditions, including full compliance by Gamuda and its principal adviser, AmInvestment Bank Bhd, with the Main Market Listing Requirements governing the implementation of the DRP.
The DRP forms part of Gamuda’s ongoing capital management strategy, allowing shareholders the flexibility to increase their equity holdings while enabling the group to retain cash that can be deployed towards working capital, investments and future growth initiatives.
