OLDTOWN BERHAD announced a quarterly dividend of RM 0.0300 per share. The dividend is payable on 13-Apr-2016, while the ex-date will be on 18-Mar-2016. This is equivalent to the previous dividend of RM 0.0300 per share, with ex-date of 28-Sep-2015 and paid to the shareholders on 13-Oct-2015.
Ann. Date
Ex Date
Amount
Payment Date
About OLDTOWN BERHAD
Oldtown Bhd is a Malaysia-based company which acts as the manufacturer of coffee. Its principal business activities are in the operation of café chain outlets, and manufacturing, marketing and sales of coffee and other beverages. The company's beverages products include instant coffee mix, instant milk tea mix, instant chocolate mix, roasted coffee powder and ready-to-drink coffee. It also operates regional café chain with direct owned, as well as, franchised and licensed OLDTOWN White Coffee' café outlets, in the food and beverages industry. The company manages its business mainly into two segments - Operation of cafe chain and Manufacturing of beverages. It offers its products to local and overseas markets. The company generates the majority of its revenue from Malaysia.
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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