Dividend - Normal or Special

[GLOTEC] Final Dividend on 24-Oct-2024

Announcement Date: 09-Oct-2024
Related Stock:
GLOTEC
GLOBALTEC FORMATION BERHAD
Share Registrar:
GLOTEC
GLOBALTEC FORMATION BERHAD
FY: 30-Jun-2024
Amount

RM 0.0070

  • Ex Date
    24-Oct-2024
  • Entitlement Date
    25-Oct-2024
  • Payment Date
    19-Nov-2024
Description
GLOBALTEC FORMATION BERHAD announced a quarterly dividend of RM 0.0070 per share. The dividend is payable on 19-Nov-2024, while the ex-date will be on 24-Oct-2024. This is lower than the previous dividend of RM 0.0110 per share, with ex-date of 26-Oct-2023 and paid to the shareholders on 20-Nov-2023.

Ann. Date Ex Date Amount Payment Date

About GLOBALTEC FORMATION BERHAD
Globaltec Formation Bhd is an auto parts manufacturer. Its business is divided into four reportable segments namely Integrated Manufacturing Services (IMS), Resources, Energy, and Investment Holding. The IMS segment deals with designing and manufacturing automotive components, and it also consists of the precision machining, stamping and tooling arm and the semiconductor division. The Resources segment includes the oil palm plantation and coal mining divisions. The Energy segment includes oil and gas exploration, production, and services. Lastly, the Investment Holding segment manages the company's investments in subsidiaries. The company has operations in many countries, but it generates the majority of its revenue from the IMS segment in Malaysia and Indonesia.

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.

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment