Dividend - Normal or Special

[INNO] Final Dividend on 18-Aug-2020

Announcement Date: 16-Jul-2020
Related Stock:
INNO
INNOPRISE PLANTATIONS BERHAD
Share Registrar:
INNO
INNOPRISE PLANTATIONS BERHAD
FY: 31-Dec-2019
Amount

RM 0.0200

  • Ex Date
    18-Aug-2020
  • Entitlement Date
    19-Aug-2020
  • Payment Date
    02-Sep-2020
Description
INNOPRISE PLANTATIONS BERHAD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 02-Sep-2020, while the ex-date will be on 18-Aug-2020. This is higher than the previous dividend of RM 0.01 per share, with ex-date of 25-Jul-2019 and paid to the shareholders on 16-Aug-2019.

Ann. Date Ex Date Amount Payment Date

About INNOPRISE PLANTATIONS BERHAD
Innoprise Plantations Bhd is engaged in the business of cultivation of oil palm. The company operates through three segments namely Palm and bio-integration, Timber and Corporate. It?s Palm and bio-integration segment is involved in the cultivation of oil palm, manufacture and sale of crude palm oil and palm kernel, and generation and supply of electricity from a biomass plant. The Timber segment includes services related to log extraction. Its Corporate segment consists of corporate services and treasury functions.

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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