Dividend - Normal or Special

[PERSTIM] Interim Dividend on 16-Nov-2016

Announcement Date: 28-Oct-2016
Related Stock:
PERSTIM
PSAHAAN SADUR TIMAH MSIA
Share Registrar:
PERSTIM
PSAHAAN SADUR TIMAH MSIA
FY: 31-Mar-2017
Amount

RM 0.2

  • Ex Date
    16-Nov-2016
  • Entitlement Date
    18-Nov-2016
  • Payment Date
    08-Dec-2016
Description
PSAHAAN SADUR TIMAH MSIA announced a quarterly dividend of RM 0.2 per share. The dividend is payable on 08-Dec-2016, while the ex-date will be on 16-Nov-2016. This is equivalent to the previous dividend of RM 0.2 per share, with ex-date of 03-Aug-2016 and paid to the shareholders on 18-Aug-2016.

Ann. Date Ex Date Amount Payment Date

About PSAHAAN SADUR TIMAH MSIA
Perusahaan Sadur Timah Malaysia Perstima Bhd is a Malaysia based company engaged in manufacturing and supplying of tinplate and tin free steel in domestic and export market. It has been equipped with a Halogen type Continuous Electrolytic Line. Coil products, cut sheet, scroll cut and tin free steel are the form of the products offered by the company. The group has two business segments based on the geographical locations, in Malaysia and Vietnam. The company operates in Malaysia, Vietnam and Other countries of which majority of its revenue from manufacturing and supplying is derived 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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