Dividend - Normal or Special

[MENANG] Special Dividend on 16-Jul-2024

Announcement Date: 20-May-2024
Related Stock:
MENANG
MENANG CORPORATION (M) BHD
Share Registrar:
MENANG
MENANG CORPORATION (M) BHD
FY: 30-Jun-2024
Amount

RM 0.0600

  • Ex Date
    16-Jul-2024
  • Entitlement Date
    17-Jul-2024
  • Payment Date
    26-Jul-2024
Description
MENANG CORPORATION (M) BHD announced a quarterly dividend of RM 0.0600 per share. The dividend is payable on 26-Jul-2024, while the ex-date will be on 16-Jul-2024.

About MENANG CORPORATION (M) BHD
Menang Corp (M) Bhd is a property development and management company. The company is organized into four business segments - Property Development segment, which is engaged in the development of residential and commercial properties; Project Management and Investment Holding segment is involved in an investment holding, letting out of properties and provision of management services; Concession Arrangements segment is involved in the construction and maintenance of facilities and infrastructure; and Others segment carry out landscaping, turf farming, and money lending activities. The company operates predominantly in 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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