Dividend - Normal or Special

[SUNWAY-PA] Others on 18-Mar-2024

Announcement Date: 21-Feb-2024
Related Stock:
SUNWAY-PA
SUNWAY BERHAD - IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES 2020/2025
Share Registrar:
SUNWAY-PA
SUNWAY BERHAD - IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES 2020/2025
FY: 31-Dec-2023
Amount

2.6250%

  • Ex Date
    18-Mar-2024
  • Entitlement Date
    19-Mar-2024
  • Payment Date
    18-Apr-2024
Description
SUNWAY BERHAD - IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES 2020/2025 announced a quarterly dividend of 2.6250% per share. The dividend is payable on 18-Apr-2024, while the ex-date will be on 18-Mar-2024.

Ann. Date Ex Date Amount Payment Date

About SUNWAY BERHAD - IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES 2020/2025
RENOUNCEABLE RIGHTS ISSUE OF 977,779,351 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("ICPS") IN SUNWAY BERHAD ("SUNWAY") AT AN ISSUE PRICE OF RM1.00 PER ICPS ON THE BASIS OF ONE ICPS FOR EVERY FIVE EXISTING ORDINARY SHARES ("SUNWAY SHARES") IN THE COMPANY HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 6 NOVEMBER 2020

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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