• Duty Free International plans Capital Reduction exercise to improve shareholders’ return on equity
  • This exercise is anticipated to ameliorate the Group’s capital structure for long term efficiency

Duty Free International Limited, the largest multi-channel duty free and duty paid retail group in Malaysia with strategic locations across Peninsular Malaysia, today announced that it intends to undertake a capital reduction exercise (“Capital Reduction”) to return to shareholders its surplus capital through a cash distribution of S$0.035 for each ordinary share in the share capital of the Group held by its shareholders (“Cash Distribution”).

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