Dividend - Normal or Special

[SNS] Second Interim Dividend on 10-May-2023

Announcement Date: 27-Mar-2023
Related Stock:
SNS
SNS NETWORK TECHNOLOGY BERHAD
Share Registrar:
SNS
SNS NETWORK TECHNOLOGY BERHAD
FY: 31-Jan-2023
Amount

RM 0.0025

  • Ex Date
    10-May-2023
  • Entitlement Date
    11-May-2023
  • Payment Date
    26-May-2023
Description
SNS NETWORK TECHNOLOGY BERHAD announced a quarterly dividend of RM 0.0025 per share. The dividend is payable on 26-May-2023, while the ex-date will be on 10-May-2023. This is equivalent to the previous dividend of RM 0.0025 per share, with ex-date of 30-Dec-2022 and paid to the shareholders on 18-Jan-2023.

Ann. Date Ex Date Amount Payment Date

About SNS NETWORK TECHNOLOGY BERHAD
SNS Network Technology Berhad (SNS) is a Malaysia-based company principally involved in the sale of information and communications technology (ICT) products. The Company's business includes ICT Products, ICT Service & Solution, Repair & Upgrades (ASP) and Broadband Services. Under ICT Products, the Company offers a range of its ICT products and house brand, JOI. Under the ICT services and solutions, the Company provides the JOI smart classroom framework, device-as-a-service (DaaS) subscription-based service, managed ICT services and other complementary ICT services and solutions. The ASP business is an Apple authorized service provider authorized to provide in-house service and onsite support service for all Apple products. The Broadband Services business is a reseller of Telekom Malaysia and authorized dealer and provides all TM branded products and services. The Company also offers managed Internet service such as Cloudxis. The Company's brands include GLOO, iTworld and JOI.

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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