Dividend - Normal or Special

[CHINWEL] Interim Dividend on 24-Oct-2024

Announcement Date: 30-Aug-2024
Related Stock:
CHINWEL
CHIN WELL HOLDINGS BHD
Share Registrar:
CHINWEL
CHIN WELL HOLDINGS BHD
FY: 30-Jun-2024
Amount

RM 0.0176

  • Ex Date
    24-Oct-2024
  • Entitlement Date
    25-Oct-2024
  • Payment Date
    25-Nov-2024
Description
CHIN WELL HOLDINGS BHD announced a quarterly dividend of RM 0.0176 per share. The dividend is payable on 25-Nov-2024, while the ex-date will be on 24-Oct-2024. This is higher than the previous dividend of RM 0.0071 per share, with ex-date of 23-Oct-2023 and paid to the shareholders on 24-Nov-2023.

Ann. Date Ex Date Amount Payment Date

About CHIN WELL HOLDINGS BHD
Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is engaged in the manufacturing and trading of screws, nuts, bolts and other related products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar and grill mesh. The company's Investment holding segment comprises of investment holding and other associated activities. It operates geographically across countries like Malaysia, Vietnam, and other Asian and European countries.

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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