Dividend - Normal or Special

[KSENG] Final Dividend on 31-May-2024

Announcement Date: 05-Apr-2024
Related Stock:
KSENG
KECK SENG (M) BHD
Share Registrar:
KSENG
KECK SENG (M) BHD
FY: 31-Dec-2023
Amount

RM 0.0500

  • Ex Date
    31-May-2024
  • Entitlement Date
    04-Jun-2024
  • Payment Date
    02-Jul-2024
Description
KECK SENG (M) BHD announced a quarterly dividend of RM 0.0500 per share. The dividend is payable on 02-Jul-2024, while the ex-date will be on 31-May-2024. This is equivalent to the previous dividend of RM 0.0500 per share, with ex-date of 31-May-2024 and paid to the shareholders on 02-Jul-2024.

Ann. Date Ex Date Amount Payment Date

About KECK SENG (M) BHD
Keck Seng (Malaysia) Bhd is a Malaysia based company primarily engaged in the business of palm oil cultivation and manufacturing. In addition, it is also involved in the business activities of property development and investment, and hotels and resorts ownership. The operating segments of the company are Manufacturing, Hotels and resort, Property, and Plantations. It generates the majority of the revenue from the Manufacturing segment which relates to the processing and marketing of refined palm oil products. The group?s operations are carried out principally in Malaysia, Singapore, Hong Kong, Canada, and United States of America of which key revenue is derived from Malaysia.

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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