Dividend - Normal or Special

[MINHO] Interim Dividend on 16-Dec-2024

Announcement Date: 08-Nov-2024
Related Stock:
MINHO
MINHO (M) BHD
Share Registrar:
MINHO
MINHO (M) BHD
FY: 31-Dec-2024
Amount

RM 0.0085

  • Ex Date
    16-Dec-2024
  • Entitlement Date
    17-Dec-2024
  • Payment Date
    30-Dec-2024
Description
MINHO (M) BHD announced a quarterly dividend of RM 0.0085 per share. The dividend is payable on 30-Dec-2024, while the ex-date will be on 16-Dec-2024. This is lower than the previous dividend of RM 0.0115 per share, with ex-date of 07-Oct-2019 and paid to the shareholders on 30-Oct-2019.

Ann. Date Ex Date Amount Payment Date

About MINHO (M) BHD
Minho (M) Bhd, an investment holding company, manufactures and sells timber products. It operates through Timber Extraction, Timber Trading, Manufacturing, Service and Treatment, Property Development, and Others segments. The Timber Extraction segment is involved in the exploitation of forest concession and sale of timber logs and the Timber Trading in sells processed sawn timber and its related products, Manufacturing segment provides rough sawn timber. The Service and Treatment segment offer timber kiln drying and chemical preservative treatment service and Property Development segment engages in the property development and building construction activities and Others segment rents equipment. Most of its revenues are generated from the timber trading across the Malaysian market.

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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