Dividend - Normal or Special

[TECHBASE] Final Dividend on 28-Dec-2016

Announcement Date: 23-Nov-2016
Related Stock:
TECHBASE
TECHBASE INDUSTRIES BERHAD
Share Registrar:
TECHBASE
TECHBASE INDUSTRIES BERHAD
FY: 31-Jul-2016
Amount

RM 0.0175

  • Ex Date
    28-Dec-2016
  • Entitlement Date
    30-Dec-2016
  • Payment Date
    16-Jan-2017
Description
TECHBASE INDUSTRIES BERHAD announced a quarterly dividend of RM 0.0175 per share. The dividend is payable on 16-Jan-2017, while the ex-date will be on 28-Dec-2016. This is higher than the previous dividend of RM 0.0150 per share, with ex-date of 27-Apr-2016 and paid to the shareholders on 16-May-2016.

Ann. Date Ex Date Amount Payment Date

About TECHBASE INDUSTRIES BERHAD
Techbase Industries Berhad (Formerly known as Prolexus Bhd) is engaged in investment holding and the provision of management services. The company comprises the following main business segments, Apparels, which includes the manufacturing of apparels and provision of apparel manufacturing services; Advertising, which is engaged in the provision of advertising services on multimedia boards, and Others, which includes investment holding, property investment, provision of management services and provision of agency services. Its primary geographic markets are Malaysia, China, the United States of America, European countries, Vietnam and other countries. Geographically the company receives maximum revenue from the United States of America.

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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