Dividend - Normal or Special

[KEINHIN] First and Final Dividend on 14-Nov-2024

Announcement Date: 29-Aug-2024
Related Stock:
KEINHIN
KEIN HING INTERNATIONAL BHD
Share Registrar:
KEINHIN
KEIN HING INTERNATIONAL BHD
FY: 30-Apr-2024
Amount

RM 0.0250

  • Ex Date
    14-Nov-2024
  • Entitlement Date
    15-Nov-2024
  • Payment Date
    21-Nov-2024
Description
KEIN HING INTERNATIONAL BHD announced a quarterly dividend of RM 0.0250 per share. The dividend is payable on 21-Nov-2024, while the ex-date will be on 14-Nov-2024. This is higher than the previous dividend of RM 0.0200 per share, with ex-date of 14-Nov-2023 and paid to the shareholders on 21-Nov-2023.

Ann. Date Ex Date Amount Payment Date

About KEIN HING INTERNATIONAL BHD
Kein Hing International Bhd is a Malaysia based investment holding company. Through its subsidiaries, it is principally engaged in sheet metal forming, precision machining, component assembly and manufacture and sales of gas appliances. In addition, it is also involved in manufacturing and fabrication of tools and dies and assembly of components, and sub-leasing of unused factory and warehouses. The group?s parts and metal components are used for assembly of products such as components and devices, home appliances, automotive, electrical, audiovisual and others. The company operates internationally and generates the majority of the revenue from 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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