Dividend - Normal or Special

[BAUTO] Fourth Interim Dividend on 18-Jul-2024

Announcement Date: 11-Jun-2024
Related Stock:
Share Registrar:
FY: 30-Apr-2024

RM 0.0475

  • Ex Date
  • Entitlement Date
  • Payment Date
BERMAZ AUTO BERHAD announced a quarterly dividend of RM 0.0475 per share. The dividend is payable on 02-Aug-2024, while the ex-date will be on 18-Jul-2024. This is lower than the previous dividend of RM 0.0700 per share, with ex-date of 18-Jul-2024 and paid to the shareholders on 02-Aug-2024.

Ann. Date Ex Date Amount Payment Date

Berjaya Auto Berhad (BAuto) is an investment holding company. The Company, through its subsidiaries, is engaged in distribution of Mazda vehicles in Malaysia and the Philippines. BAuto's geographical segments include Malaysia and the Philippines. Its core businesses include the provision of after sales services for Mazda vehicles, and distribution and retailing of Mazda vehicles. In the Philippines, the distribution of Mazda vehicles and spare parts is undertaken by its subsidiary, Berjaya Auto Philippines Inc (BAP), through appointed dealers. Its subsidiaries also include Bermaz Motor Sdn Bhd and Bermaz Motor Trading Sdn Bhd (collectively Bermaz), which are involved in the distribution and retailing of new and used Mazda vehicles and the provision of after-sales services for Mazda vehicles. Bermaz operates over six 3S (sales, spare parts and after-sales services) and approximately three 2S (spare parts and after-sales services) centers, and a Body and Paint Repair center.

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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