[ANNJOO] Interim Dividend on 06-Sep-2017 | I3investor
Dividend - Normal or Special

[ANNJOO] Interim Dividend on 06-Sep-2017

Announcement Date: 22-Aug-2017
Related Stock:
ANNJOO
ANN JOO RESOURCES BHD
Share Registrar:
ANNJOO
ANN JOO RESOURCES BHD
FY: 31-Dec-2017
Amount

RM 0.06

  • Ex Date
    06-Sep-2017
  • Entitlement Date
    08-Sep-2017
  • Payment Date
    21-Sep-2017
Description
ANN JOO RESOURCES BHD announced a quarterly dividend of RM 0.06 per share. The dividend is payable on 21-Sep-2017, while the ex-date will be on 06-Sep-2017. This is lower than the previous dividend of RM 0.09 per share, with ex-date of 08-May-2017 and paid to the shareholders on 19-May-2017.


About ANN JOO RESOURCES BHD
Ann Joo Resources Bhd is primarily engaged in the manufacturing and trading of steel and steel related products. Business activity of the group is divided into two segments namely Manufacturing and Trading segment. Manufacturing segment consist of manufacturing of iron, steel and steel related products such as billets; mild steel round, angle, round, square, flat, wire rods; and black shafts; and Trading segment is involved in trading of steel products such as carbon steel, stainless steel, hardware products, building and construction materials and it also looks into the operations of steel service centers. Further, the group is also involved in investment holding and property management activity. Geographically, it operates in the region of Malaysia and Singapore.

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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