Dividend - Normal or Special

[TGUAN] Interim Dividend on 27-Mar-2024

Announcement Date: 28-Feb-2024
Related Stock:
TGUAN
THONG GUAN INDUSTRIES BHD
Share Registrar:
TGUAN
THONG GUAN INDUSTRIES BHD
FY: 31-Dec-2023
Amount

RM 0.0300

  • Ex Date
    27-Mar-2024
  • Entitlement Date
    29-Mar-2024
  • Payment Date
    18-Apr-2024
Description
THONG GUAN INDUSTRIES BHD announced a quarterly dividend of RM 0.0300 per share. The dividend is payable on 18-Apr-2024, while the ex-date will be on 27-Mar-2024. This is higher than the previous dividend of RM 0.0125 per share, with ex-date of 28-Jun-2023 and paid to the shareholders on 18-Jul-2023.

Ann. Date Ex Date Amount Payment Date

About THONG GUAN INDUSTRIES BHD
Thong Guan Industries Bhd is a Malaysia based investment holding company. Along with its subsidiaries, the firm is engaged in trading of plastic packaging products. It operates in two segments including Plastic products and Food, beverages and other consumable products. The company generates the majority of the revenue from the plastic products segment which comprises of stretch films, garbage bags, industrial bags and PVC (Polyvinyl chloride) food wrap.

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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