Dividend - Normal or Special

[LBS] First Interim Dividend on 27-Jun-2024

Announcement Date: 17-Apr-2024
Related Stock:
LBS
LBS BINA GROUP BHD
Share Registrar:
LBS
LBS BINA GROUP BHD
FY: 31-Dec-2023
Amount

RM 0.0135

  • Ex Date
    27-Jun-2024
  • Entitlement Date
    28-Jun-2024
  • Payment Date
    16-Jul-2024
Description
LBS BINA GROUP BHD announced a quarterly dividend of RM 0.0135 per share. The dividend is payable on 16-Jul-2024, while the ex-date will be on 27-Jun-2024. This is higher than the previous dividend of RM 0.0120 per share, with ex-date of 28-Jun-2023 and paid to the shareholders on 17-Jul-2023.

Ann. Date Ex Date Amount Payment Date

About LBS BINA GROUP BHD
LBS Bina Group Bhd is engaged in real estate business. The company operates through various business segments that are Property Development, which develops residential, industrial, and commercial properties; Construction, which design and build, civil engineering, and general construction activities; Management and Investment, which provides management services; Motor Racing Circuit, which includes motor racing circuit development and management; and Trading and Others, which trades in building material, insurance agent, and others. The Property Development segment generates maximum revenue for the company. It offers their services to the People?s Republic of China and Hong Kong region.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

How to apply
No application is needed. Shareholders that fulfill the requirement above will receive the dividend in their registered bank account on the payment date automatically.

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