KIM LOONG RESOURCES BHD announced a quarterly dividend of RM 0.0500 per share. The dividend is payable on 15-Nov-2023, while the ex-date will be on 25-Oct-2023. This is equivalent to the previous dividend of RM 0.0500 per share, with ex-date of 10-Aug-2023 and paid to the shareholders on 29-Aug-2023.
About KIM LOONG RESOURCES BHD
Kim Loong Resources Bhd is a Malaysia based investment holding company mainly engaged in the business activities of cultivation of oil palm, processing of oil palm fresh fruit bunches and marketing of oil palm products. In addition, it is also involved in the activities of processing of oil palm fibre, and biogas and power generation. The primary business segments of the group are Plantation operations and Milling operations. Plantation segment includes cultivation of oil palm activity. Milling segment includes processing and marketing of oil palm products. The group operates in Malaysia and generates the majority of the revenue from the Milling 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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....