Dividend - Normal or Special

[VSTECS] First Interim Dividend on 12-Dec-2024

Announcement Date: 13-Nov-2024
Related Stock:
VSTECS
VSTECS BERHAD
Share Registrar:
VSTECS
VSTECS BERHAD
FY: 31-Dec-2024
Amount

RM 0.0280

  • Ex Date
    12-Dec-2024
  • Entitlement Date
    13-Dec-2024
  • Payment Date
    09-Jan-2025
Description
VSTECS BERHAD announced a quarterly dividend of RM 0.0280 per share. The dividend is payable on 09-Jan-2025, while the ex-date will be on 12-Dec-2024. This is lower than the previous dividend of RM 0.0410 per share, with ex-date of 23-Apr-2024 and paid to the shareholders on 16-May-2024.

Ann. Date Ex Date Amount Payment Date

About VSTECS BERHAD
VSTECS Berhad, formerly ECS ICT Bhd, is engaged in the provision of e-commerce systems and solutions. The company distributes information and communications technology (ICT) products in Malaysia. These products consist of notebooks, personal computers, smartphones, tablets, wearables, printers, software, network and communication infrastructure, servers, and enterprise software. It operates in three segments. ICT distribution segment distributes products to resellers, comprising mainly of retailers, Its Enterprise systems segment markets products to system integrators and corporate dealers. The ICT services segment is involved in the provision of ICT services.

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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