Dividend - Normal or Special

[MI] First Interim Dividend on 18-May-2022

Announcement Date: 29-Apr-2022
Related Stock:
MI
MI TECHNOVATION BERHAD
Share Registrar:
MI
MI TECHNOVATION BERHAD
FY: 31-Dec-2022
Amount

RM 0.0100

  • Ex Date
    18-May-2022
  • Entitlement Date
    19-May-2022
  • Payment Date
    02-Jun-2022
Description
MI TECHNOVATION BERHAD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 02-Jun-2022, while the ex-date will be on 18-May-2022. This is lower than the previous dividend of RM 0.0200 per share, with ex-date of 07-Mar-2022 and paid to the shareholders on 22-Mar-2022.

Ann. Date Ex Date Amount Payment Date

About MI TECHNOVATION BERHAD
MI Equipment Holdings Bhd is engaged in design, development, manufacture, and sale of WLCSP sorting machines with inspection and testing capabilities for semiconductor industry. The company is also engaged in the provision of maintenance services and technical support, and sale of related spare parts and components.

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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