Dividend - Normal or Special

[KOBAY] First and Final Dividend on 29-Dec-2022

Announcement Date: 30-Nov-2022
Related Stock:
KOBAY
KOBAY TECHNOLOGY BHD
Share Registrar:
KOBAY
KOBAY TECHNOLOGY BHD
FY: 30-Jun-2022
Amount

RM 0.0300

  • Ex Date
    29-Dec-2022
  • Entitlement Date
    30-Dec-2022
  • Payment Date
    20-Jan-2023
Description
KOBAY TECHNOLOGY BHD announced a quarterly dividend of RM 0.0300 per share. The dividend is payable on 20-Jan-2023, while the ex-date will be on 29-Dec-2022. This is higher than the previous dividend of RM 0.0200 per share, with ex-date of 30-Dec-2021 and paid to the shareholders on 21-Jan-2022.

Ann. Date Ex Date Amount Payment Date

About KOBAY TECHNOLOGY BHD
Kobay Technology Bhd is an investment holding company. Through its subsidiaries, it engages in manufacturing of precision metal components. The operating segments of the company are Precision metal components which include manufacture of precision machined components, precision stamping, sheet metal parts and surface treatment, Precision tooling and equipment which includes manufacture of precision moulds, tooling and dies, and other related parts, Metal fabrication which includes manufacture of metal works and structures, modules and parts, and Property development which relates to the property development activities. The company operates in Malaysia, Singapore, USA, and other foreign countries. It derives the majority of the revenue from the Precision metal components segment.

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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