Dividend - Normal or Special

[SAB] Final Dividend on 17-Oct-2024

Announcement Date: 25-Jul-2024
Related Stock:
SAB
SOUTHERN ACIDS (M) BHD
Share Registrar:
SAB
SOUTHERN ACIDS (M) BHD
FY: 31-Mar-2024
Amount

RM 0.0500

  • Ex Date
    17-Oct-2024
  • Entitlement Date
    18-Oct-2024
  • Payment Date
    11-Nov-2024
Description
SOUTHERN ACIDS (M) BHD announced a quarterly dividend of RM 0.0500 per share. The dividend is payable on 11-Nov-2024, while the ex-date will be on 17-Oct-2024. This is equivalent to the previous dividend of RM 0.0500 per share, with ex-date of 03-Oct-2023 and paid to the shareholders on 26-Oct-2023.

Ann. Date Ex Date Amount Payment Date

About SOUTHERN ACIDS (M) BHD
Southern Acids (M) Bhd is an investment holding company, which is engaged in the provision of management services to its subsidiaries. Business activity of the firm is classified according to the various operating divisions which are; manufacturing and marketing of oleochemical products; managing and operating of the private hospital; sales of oil palm fruit and crude palm oil; warehousing and bulk conveyor operations, and others. Group's operations are carried out through Malaysia and Indonesia; however, it has a business presence in the region of Europe, America, Asia including Malaysia, Indonesia and others of which company derives the majority of revenue from Indonesia region.

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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