Engtex Group Bhd is an investment holding company. It is divided into four divisions namely Wholesale and Distribution, Manufacturing, Property Development and Hospitality. Wholesale and Distribution includes sale and distribution of pipes, valves fitting and steel related products. Manufacturing includes the sale of steel and ductile iron pipes and fittings, valves, hydrants, industrial casting products and other related products. Property Development includes property development activities and hospitality involves the company's hotel business which includes the provision of rooms, food, beverage and other hospitality services. The Wholesale and Distribution and Manufacturing division together account for a significant majority of the company's turnover.

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.

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