Dividend - Normal or Special

[INFOTEC] Interim Dividend on 14-Nov-2024

Announcement Date: 29-Oct-2024
Related Stock:
INFOTEC
INFOLINE TEC GROUP BERHAD
Share Registrar:
INFOTEC
INFOLINE TEC GROUP BERHAD
FY: 31-Dec-2024
Amount

RM 0.0079

  • Ex Date
    14-Nov-2024
  • Entitlement Date
    15-Nov-2024
  • Payment Date
    28-Nov-2024
Description
INFOLINE TEC GROUP BERHAD announced a quarterly dividend of RM 0.0079 per share. The dividend is payable on 28-Nov-2024, while the ex-date will be on 14-Nov-2024. This is lower than the previous dividend of RM 0.0138 per share, with ex-date of 18-Jun-2024 and paid to the shareholders on 28-Jun-2024.

Ann. Date Ex Date Amount Payment Date

About INFOLINE TEC GROUP BERHAD
Infoline Tec Group Berhad is a Malaysia-based company. The Company is principally involved in providing information technology (IT) infrastructure solutions, managed services and other IT services and cybersecurity solutions to enterprises. It is specialized in the designing and implementation of IT infrastructure solutions that meet customers' business needs and requirements. The Company provides cybersecurity solutions to protect its customers' IT infrastructure and data from cyber threats, attacks and unauthorized access which mitigate cybersecurity risks and minimize costs associated with dealing with cyber threats and attacks. It provides managed IT services that enterprises to monitor and manage their IT infrastructure and cybersecurity solutions. It provides one-off professional services for customers who do not procure any hardware or software through the Company. In addition, the Company also provides ancillary hardware and software products to IT infrastructure solutions.

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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