Dividend - Normal or Special

[TEKSENG] Interim Dividend on 27-Jun-2024

Announcement Date: 27-May-2024
Related Stock:
TEKSENG
TEK SENG HOLDINGS BHD
Share Registrar:
TEKSENG
TEK SENG HOLDINGS BHD
FY: 31-Dec-2024
Amount

RM 0.0050

  • Ex Date
    27-Jun-2024
  • Entitlement Date
    28-Jun-2024
  • Payment Date
    17-Jul-2024
Description
TEK SENG HOLDINGS BHD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 17-Jul-2024, while the ex-date will be on 27-Jun-2024. This is lower than the previous dividend of RM 0.0100 per share, with ex-date of 11-Mar-2022 and paid to the shareholders on 31-Mar-2022.

Ann. Date Ex Date Amount Payment Date

About TEK SENG HOLDINGS BHD
Tek Seng Holdings Bhd is an investment holding company. It operates through four segments: PVC Sheeting segment, which is engaged in manufacturing and trading of polyvinyl chloride (PVC) sheeting, parts for industrial and consumer use; PP Non-Woven segment, which manufactures and trades of PP Non-Woven related products; PVC Leather segment, which undertakes trading of PVC leather related products, and Solar segment, which earns major revenue is engaged in the manufacturing and trading of solar related products. It is involved in the manufacturing and trading of PVC related and non-woven related products, the manufacturing, designing, exporting, importing and sales of photovoltaic products, solar cells, solar panels, solar modules and solar-related products and the letting of properties.

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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