Dividend - Normal or Special

[IQGROUP] Interim Dividend on 28-Dec-2016

Announcement Date: 17-Nov-2016
Related Stock:
IQGROUP
IQ GROUP HOLDINGS BHD
Share Registrar:
IQGROUP
IQ GROUP HOLDINGS BHD
FY: 31-Mar-2017
Amount

RM 0.05

  • Ex Date
    28-Dec-2016
  • Entitlement Date
    30-Dec-2016
  • Payment Date
    25-Jan-2017
Description
IQ GROUP HOLDINGS BHD announced a quarterly dividend of RM 0.05 per share. The dividend is payable on 25-Jan-2017, while the ex-date will be on 28-Dec-2016. This is lower than the previous dividend of RM 0.06 per share, with ex-date of 28-Jun-2016 and paid to the shareholders on 29-Jul-2016.

Ann. Date Ex Date Amount Payment Date

About IQ GROUP HOLDINGS BHD
IQ Group Holdings Bhd is engaged in the design and manufacture of lighting, security and convenience products. The company through its subsidiaries has three business divisions namely investment holding which offers management services, manufacturing of passive infrared detectors, motion sensor light controllers, wireless video communication devices, doorbells, home security system, lighting fixtures and plastic products, development, design, manufacture, sale, and distribution of light emitting diode luminaires and the manufacture of light engines for use in luminaires, and trading of security lighting systems, passive infrared detectors and motion sensor light controllers. The firm has manufacturing operations in Malaysia and China and trading activities in Japan and Taiwan.

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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