Dividend - Normal or Special

[SHANG] First and Final Dividend on 13-Jun-2024

Announcement Date: 28-Feb-2024
Related Stock:
SHANG
SHANGRI-LA HOTELS (M) BHD
Share Registrar:
SHANG
SHANGRI-LA HOTELS (M) BHD
FY: 31-Dec-2023
Amount

RM 0.0700

  • Ex Date
    13-Jun-2024
  • Entitlement Date
    14-Jun-2024
  • Payment Date
    05-Jul-2024
Description
SHANGRI-LA HOTELS (M) BHD announced a quarterly dividend of RM 0.0700 per share. The dividend is payable on 05-Jul-2024, while the ex-date will be on 13-Jun-2024. This is lower than the previous dividend of RM 0.1200 per share, with ex-date of 17-Jun-2020 and paid to the shareholders on 16-Jul-2020.

Ann. Date Ex Date Amount Payment Date

About SHANGRI-LA HOTELS (M) BHD
Shangri-La Hotels Malaysia Bhd operates hotels and beach resorts, a golf course, and clubhouse. It is also involved in property management and investment and commercial laundry. The company's segments are Hotels, resorts and golf course and Investment properties. It earns its revenues from the provision of rooms, food and beverage, other department sales, laundry service fees and golf related income are recognised when services are rendered.

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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