PROLINTAS INFRA BUSINESS TRUST announced a quarterly dividend of RM 0.0318 per share. The dividend is payable on 18-Sep-2024, while the ex-date will be on 02-Sep-2024.
About PROLINTAS INFRA BUSINESS TRUST
Projek Lintasan Kota Holdings Sdn Bhd (PROLINTAS), established in 1995, is a key player in Malaysia's infrastructure development. PROLINTAS owns and operates major expressways like AKLEH, GCE, LKSA, and Kajang SILK, integral to Malaysian daily commute. Recently, they've added SUKE Phase 1 and DASH to their portfolio, enhancing their status as the largest urban highway provider in Klang Valley, with advanced engineering and technology. PROLINTAS leads in digital innovation with its Smart Surveillance System (S3) and Integrated Maintenance Escalations (PRIME), focusing on AI-driven operational efficiency and safety. Their mission, 'Elevating Lives', commits to improving safety, convenience, and the overall user experience for their customers.
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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