Dividend - Normal or Special

[MBMR] Final Dividend on 14-Jun-2024

Announcement Date: 29-Apr-2024
Related Stock:
MBMR
MBM RESOURCES BHD
Share Registrar:
MBMR
MBM RESOURCES BHD
FY: 31-Dec-2023
Amount

RM 0.1500

  • Ex Date
    14-Jun-2024
  • Entitlement Date
    18-Jun-2024
  • Payment Date
    28-Jun-2024
Description
MBM RESOURCES BHD announced a quarterly dividend of RM 0.1500 per share. The dividend is payable on 28-Jun-2024, while the ex-date will be on 14-Jun-2024. This is higher than the previous dividend of RM 0.0600 per share, with ex-date of 08-Dec-2023 and paid to the shareholders on 22-Dec-2023.

Ann. Date Ex Date Amount Payment Date

About MBM RESOURCES BHD
MBM Resources Bhd is a Malaysian company which is in the business of motor trading and manufacturing of auto parts. It has Motor trading, Auto parts manufacturing, Property development and Others segments. Motor trading segment covers marketing and distribution of motor vehicles, spare parts and provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration and harshness products and provision of tyre assembly services. Property segment includes development of menara MBMR and Others segment encompass investment holding, corporate headquarter and dormant companies. Motor trading segment generates most of the revenues for the company.

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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