Dividend - Normal or Special

[SKYWLD] Final Dividend on 01-Jul-2024

Announcement Date: 21-May-2024
Related Stock:
SKYWLD
SKYWORLD DEVELOPMENT BERHAD
Share Registrar:
SKYWLD
SKYWORLD DEVELOPMENT BERHAD
FY: 31-Mar-2024
Amount

RM 0.0100

  • Ex Date
    01-Jul-2024
  • Entitlement Date
    02-Jul-2024
  • Payment Date
    15-Jul-2024
Description
SKYWORLD DEVELOPMENT BERHAD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 15-Jul-2024, while the ex-date will be on 01-Jul-2024. This is lower than the previous dividend of RM 0.0125 per share, with ex-date of 02-Jan-2024 and paid to the shareholders on 15-Jan-2024.

Ann. Date Ex Date Amount Payment Date

About SKYWORLD DEVELOPMENT BERHAD
SkyWorld Development Berhad is a Malaysia-based investment holding company. The Company is an urban property developer focusing on the development of high-rise residential, commercial and affordable properties in FT Kuala Lumpur. Its segments include Property Development and Others. The Company is involved in the development of the projects, such as Ascenda Residences, SkyAwani III Residences, SkyAwani IV Residences, EdgeWood Residences, SkyVogue Residences, Curvo Residences and others. It also offers Solution Plus (Solution+) within SW Connects application. Solution+ is an e-commerce platform which connects SkyWorld homeowners with third party products and service providers such as interior design, renovations, furniture, home appliances, telecommunications subscription services, home movers and other services. The Solution+ platform is designed with a payment gateway where SkyWorld homeowners can purchase products and services and make payments on the Solution+ platform.

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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