TELADAN GROUP BERHAD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 18-Dec-2023, while the ex-date will be on 01-Dec-2023. This is lower than the previous dividend of RM 0.0060 per share, with ex-date of 02-Sep-2022 and paid to the shareholders on 19-Sep-2022.
About TELADAN GROUP BERHAD
Teladan Group Berhad, formerly Teladan Setia Group Berhad, is a Malaysia-based company, which is engaged in property development. The Company is focused on developing both residential and commercial properties. It has property developments in Melaka. It has developed a portfolio of landed, low-rise, and high-rise residential properties as well as landed shop houses, offices, and retail shops in Melaka. The Company's completed projects include Taman Cheng Setia, Taman Bukit Cheng, Bandar Baru Merlimau Utara, Taman Saujana Heights, Taman Seri Tuah Permai, The Atlantis Residences and Taman Desa Bertam, among others. Its ongoing projects include Taman Bertam Heights, Taman Desa Bertam 3, Taman Desa Bertam 2, Bali Residences, Taman Bertam Putra and Taman Belimbing Setia 2. The Company's subsidiaries include Asal Harta Sdn. Bhd., Midas Dimensi Sdn. Bhd., Riverwell Resources Sdn. Bhd. and Oriview Realty Sdn. Bhd.
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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