Dividend - Normal or Special

[WANGZNG] First and Final Dividend on 31-May-2024

Announcement Date: 17-Apr-2024
Related Stock:
Share Registrar:
FY: 31-Dec-2023

RM 0.0200

  • Ex Date
  • Entitlement Date
  • Payment Date
WANG-ZHENG BHD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 20-Jun-2024, while the ex-date will be on 31-May-2024. This is higher than the previous dividend of RM 0.0150 per share, with ex-date of 30-May-2023 and paid to the shareholders on 15-Jun-2023.

Ann. Date Ex Date Amount Payment Date

Wang- Zheng Bhd is an investment holding company principally involved in the manufacturing and processing of fiber-based products, which include disposable adult and baby diapers, sanitary protection and tissue products, cotton products and processed papers. The group has two reporting segments namely Processed Paper Products Segment and Disposable Fibre-Based products segment. The process paper segment includes activities mainly comprising of imports, processes and distributes various types of paper products and manufactures corrugated carbon boxes. The disposable activities mainly comprise of manufacturing and distribution of disposable fiber-based products. The majority of the company's 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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