Dividend - Normal or Special

[PETGAS] First Interim Dividend on 06-Jun-2023

Announcement Date: 22-May-2023
Related Stock:
PETGAS
PETRONAS GAS BHD
Share Registrar:
PETGAS
PETRONAS GAS BHD
FY: 31-Dec-2023
Amount

RM 0.1600

  • Ex Date
    06-Jun-2023
  • Entitlement Date
    07-Jun-2023
  • Payment Date
    20-Jun-2023
Description
PETRONAS GAS BHD announced a quarterly dividend of RM 0.1600 per share. The dividend is payable on 20-Jun-2023, while the ex-date will be on 06-Jun-2023. This is lower than the previous dividend of RM 0.2200 per share, with ex-date of 03-Mar-2023 and paid to the shareholders on 15-Mar-2023.

Ann. Date Ex Date Amount Payment Date

About PETRONAS GAS BHD
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia?s nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company?s total revenue, its Gas Processing and Gas Transportation units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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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