MALAYSIA SMELTING CORPORATION announced a quarterly dividend of RM 0.0700 per share. The dividend is payable on 24-Oct-2024, while the ex-date will be on 09-Oct-2024. This is equivalent to the previous dividend of RM 0.0700 per share, with ex-date of 13-Jun-2024 and paid to the shareholders on 28-Jun-2024.
Ann. Date
Ex Date
Amount
Payment Date
About MALAYSIA SMELTING CORPORATION
Malaysia Smelting Corp Bhd is a Malaysia-based investment holding company focuses on both smelting of tin concentrates and tin bearing materials. The company operates through three segments: Tin Smelting, Tin Mining, and Others. It is principally engaged in the manufacture and sale of solder products for jointing and semiconductor applications in the electrical and electronics industries. The Others segment includes investments in other metal and mineral resources. Most of the revenue comes from tin mining and smelting of tin concentrates, tin-bearing materials and from the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products.
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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