MALAKOFF CORPORATION BERHAD announced a quarterly dividend of RM 0.0223 per share. The dividend is payable on 25-Oct-2024, while the ex-date will be on 26-Sep-2024. This is higher than the previous dividend of RM 0.0150 per share, with ex-date of 29-Apr-2024 and paid to the shareholders on 29-May-2024.
Ann. Date
Ex Date
Amount
Payment Date
About MALAKOFF CORPORATION BERHAD
The Malakoff Corp Berhad is an investment holding company. The company?s subsidiaries engage in the design, construction, operation, and maintenance of a combined cycle power plant, generation and sale of electrical activity, and generating capacity of power plants. The group?s revenue is substantially derived from the generation and sale of electricity energy and generating capacity in Malaysia. These activities are governed by the Power Purchase Agreements and Power and Water Purchase Agreements. The Operation and Maintenance Agreements held by certain subsidiaries engage in the operation and maintenance associated with the specific Independent Power Producer within the group. The company generates the majority of its revenue in Malaysia.
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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