RADIUM DEVELOPMENT BERHAD announced a quarterly dividend of RM 0.0100 per share. The dividend is payable on 15-Aug-2023, while the ex-date will be on 17-Jul-2023.
About RADIUM DEVELOPMENT BERHAD
Radium Development Berhad is a Malaysia-based property developing company. The Company is involved in the development of high-rise residential properties. It is focused on the development of high-rise residential properties in urban Kuala Lumpur. Its high-rise residential property development comprises condominiums, serviced apartments, suite apartments, and small office home office (SOHO) units. It operates in two segments: property development and investment holdings and others. The Company's development consist of Affordable Homes, Urban Residences, Prime, and Hospitality. Its completed projects include Vista Semarak Residensi Wilayah, Vista OUG Residensi Wilayah, Vista OUG PPAM, Vista Wirajaya Residensi Wilayah, and Vista Wirajaya 2 Residensi Wilayah.
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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