Dividend - Normal or Special

[CHINTEK] Special Dividend on 18-Jan-2024

Announcement Date: 03-Jan-2024
Related Stock:
CHINTEK
CHIN TECK PLANTATIONS BHD
Share Registrar:
CHINTEK
CHIN TECK PLANTATIONS BHD
FY: 31-Aug-2024
Amount

RM 0.0400

  • Ex Date
    18-Jan-2024
  • Entitlement Date
    19-Jan-2024
  • Payment Date
    31-Jan-2024
Description
CHIN TECK PLANTATIONS BHD announced a quarterly dividend of RM 0.0400 per share. The dividend is payable on 31-Jan-2024, while the ex-date will be on 18-Jan-2024. This is lower than the previous dividend of RM 0.0800 per share, with ex-date of 18-Jan-2024 and paid to the shareholders on 31-Jan-2024.

Ann. Date Ex Date Amount Payment Date

About CHIN TECK PLANTATIONS BHD
Chin Teck Plantations Bhd is an investment holding company, which is engaged in the cultivation of oil palms, production, and sale of fresh fruit bunches, crude palm oil, and palm kernel in Malaysia. The company has three cultivation lands in Malaysia namely, Jemima and Sungei Sendayan, Gua Musang and Keratong.

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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