Dividend - Normal or Special

[PANTECH] Final Dividend on 29-Aug-2022

Announcement Date: 29-Jun-2022
Related Stock:
PANTECH
PANTECH GROUP HOLDINGS BHD
Share Registrar:
PANTECH
PANTECH GROUP HOLDINGS BHD
FY: 28-Feb-2022
Amount

RM 0.0150

  • Ex Date
    29-Aug-2022
  • Entitlement Date
    30-Aug-2022
  • Payment Date
    09-Sep-2022
Description
PANTECH GROUP HOLDINGS BHD announced a quarterly dividend of RM 0.0150 per share. The dividend is payable on 09-Sep-2022, while the ex-date will be on 29-Aug-2022. This is higher than the previous dividend of RM 0.0100 per share, with ex-date of 25-Feb-2022 and paid to the shareholders on 25-Mar-2022.

Ann. Date Ex Date Amount Payment Date

About PANTECH GROUP HOLDINGS BHD
Pantech Group Holdings Bhd is engaged in investment holding and provision of management services. The company has three operating segments: Trading; Manufacturing and Investment holding. It derives most of its revenues from the Trading segment. The Trading segment is engaged in trading, supply and stocking of high pressure seamless and specialized steel pipes, fittings, flanges, valves and other related products for use in the oil and gas. The Manufacturing segment is engaged in manufacturing and supply of butt-welded carbon steel fittings, stainless steel, and alloy pipes, fittings and related products, as well as milling, machining and welding of tube and pipe fitting. The Investment holding segment is engaged in investment holding, property investment and management service.

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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