Dividend - Normal or Special

[MTEC] Final Dividend on 12-Apr-2024

Announcement Date: 21-Feb-2024
Related Stock:
MTEC
MASTER TEC GROUP BERHAD
Share Registrar:
MTEC
MASTER TEC GROUP BERHAD
FY: 31-Dec-2023
Amount

RM 0.0070

  • Ex Date
    12-Apr-2024
  • Entitlement Date
    15-Apr-2024
  • Payment Date
    29-Apr-2024
Description
MASTER TEC GROUP BERHAD announced a quarterly dividend of RM 0.0070 per share. The dividend is payable on 29-Apr-2024, while the ex-date will be on 12-Apr-2024.

About MASTER TEC GROUP BERHAD
Since its establishment in 2006, Master Tec Group has been a pivotal player in the realm of connectivity. Operating as an investment holding company, it has consistently delivered superior solutions in power, control, and instrumentation cables through MTWC. Master Tec Group's journey began in 2005, starting with the production of PVC cables and electronic wires. Over the years, the company has grown to become one of Malaysia's leading manufacturers, diversifying into a range of electrical and communication solutions. Today, Master Tec Group is renowned for its high-quality offerings, including Low Voltage Power Cables, Control Cables, Instrumentation Cables, and Fire Resistance Cables, catering to various applications.

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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