Dividend - Normal or Special

[MINOX] First Interim Dividend on 11-Jun-2024

Announcement Date: 24-May-2024
Related Stock:
MINOX
MINOX INTERNATIONAL GROUP BERHAD
Share Registrar:
MINOX
MINOX INTERNATIONAL GROUP BERHAD
FY: 31-Dec-2023
Amount

RM 0.0050

  • Ex Date
    11-Jun-2024
  • Entitlement Date
    12-Jun-2024
  • Payment Date
    03-Jul-2024
Description
MINOX INTERNATIONAL GROUP BERHAD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 03-Jul-2024, while the ex-date will be on 11-Jun-2024.

About MINOX INTERNATIONAL GROUP BERHAD
Minox International Group Berhad is a Malaysia-based company, which is engaged in the distribution of stainless-steel sanitary valves, and tubes and fittings. The Company is also engaged in installation of components and equipment. The Company offers its rubber hoses under its MINOX brand. The Company offers a comprehensive range of products, which ranges from different types and specifications (size, dimension and material grade) that cater to its industrial end-customers' diverse requirements. The Company's segments include Tubes & fittings, Valves, Installation components & equipment, Rubber hoses, and Other related products. The Company supplies its products to industrial end customers either directly, or indirectly through project consultants or contractors who are responsible for the design, development and installation of the production lines.

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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