Dividend - Normal or Special

[PPJACK] First Interim Dividend on 10-Jun-2024

Announcement Date: 24-May-2024
Related Stock:
Share Registrar:
FY: 31-Dec-2024

RM 0.0050

  • Ex Date
  • Entitlement Date
  • Payment Date
PAPPAJACK BERHAD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 21-Jun-2024, while the ex-date will be on 10-Jun-2024. This is equivalent to the previous dividend of RM 0.0050 per share, with ex-date of 06-Dec-2023 and paid to the shareholders on 20-Dec-2023.

Ann. Date Ex Date Amount Payment Date

Pappajack Berhad is a Malaysia-based company. The Company is engaged in operating pawnshops. The Company is involved in providing pawnbroking services in Malaysia. It provides pledges-backed short-term financing or pawn loans with a short repayment period to pawners (persons with pledges for pawn to pawnbrokers) who are the customers of pawnbroking services. It offers pawn loans of up to RM10,000.00 per pawn transaction (pawn ticket) against the pledges of gold (gold jewelry, gold bars and gold coins) and luxury watches. The Company operates approximately 25 pawnbroking outlets situated 12 in Selangor, three in Kuala Lumpur, five in Pulau Pinang, one in Negeri Sembilan, two Johor and two other located in Perak.

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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