UOA Development (KLSE:UOADEV) completed its dividend reinvestment scheme after 34.4 million new ordinary shares were listed on Bursa Malaysia on Tuesday.
The scheme allows shareholders to reinvest their cash dividends in new shares instead of receiving cash, according to a Tuesday Malaysian bourse filing.
The company said the scheme was completed following the listing and quotation of the new shares on the Main Market of Bursa Malaysia.