MKH OIL PALM (EAST KALIMANTAN) BERHAD announced a quarterly dividend of RM 0.0200 per share. The dividend is payable on 12-Jun-2024, while the ex-date will be on 30-May-2024.
About MKH OIL PALM (EAST KALIMANTAN) BERHAD
MKH Oil Palm (East Kalimantan) Berhad, initially Detik Merdu Sdn Bhd, was established in Malaysia on August 10, 2004. The company, now operating in East Kalimantan, Indonesia, specializes in cultivating oil palm and producing crude palm oil (CPO) and palm kernel (PK) across two plantations spanning 18,205.3 hectares. With facilities like a palm oil mill and jetty, MKHOP is ISPO certified, ensuring sustainable practices. Its strategic location near Samarinda, Balikpapan, and Nusantara optimizes operational efficiency and market access, positioning MKHOP favorably in the region's agribusiness sector.
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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