Dividend - Normal or Special

[HIGHTEC] Interim Dividend on 23-Feb-2023

Announcement Date: 07-Feb-2023
Related Stock:
HIGHTEC
KUMPULAN H&L HIGH-TECH BHD
Share Registrar:
HIGHTEC
KUMPULAN H&L HIGH-TECH BHD
FY: 31-Oct-2023
Amount

RM 0.0100

  • Ex Date
    23-Feb-2023
  • Entitlement Date
    24-Feb-2023
  • Payment Date
    10-Mar-2023
Description
KUMPULAN H&L HIGH-TECH BHD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 10-Mar-2023, while the ex-date will be on 23-Feb-2023. This is lower than the previous dividend of RM 0.0200 per share, with ex-date of 12-Oct-2022 and paid to the shareholders on 28-Oct-2022.

Ann. Date Ex Date Amount Payment Date

About KUMPULAN H&L HIGH-TECH BHD
Kumpulan H & L High-Tech Bhd is a Malaysia based investment holding company. It is engaged in manufacture and sale of precision engineering moulds, jigs, fixtures, tools and other precision machine parts, catering to sectors such as automotive, consumer, electrical, industrial and medical. The group has four business segments namely, Manufacturing and trading segment which includes manufacturing and sales of precision engineering moulds and other precision, Investment segment, Plantation segment involving cultivation of oil palm and Joint property development segment related to the property development. Majority of its revenue is generated from the Manufacturing and trading segment. The group has its presence in Malaysia, South East Asia, European countries and other countries.

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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