Dividend - Normal or Special

[FAREAST] Special Dividend on 05-Dec-2024

Announcement Date: 21-Nov-2024
Related Stock:
FAREAST
FAR EAST HOLDINGS BHD
Share Registrar:
FAREAST
FAR EAST HOLDINGS BHD
FY: 31-Dec-2024
Amount

RM 0.0700

  • Ex Date
    05-Dec-2024
  • Entitlement Date
    06-Dec-2024
  • Payment Date
    23-Dec-2024
Description
FAR EAST HOLDINGS BHD announced a quarterly dividend of RM 0.0700 per share. The dividend is payable on 23-Dec-2024, while the ex-date will be on 05-Dec-2024. This is higher than the previous dividend of RM 0.0500 per share, with ex-date of 12-Sep-2024 and paid to the shareholders on 27-Sep-2024.

Ann. Date Ex Date Amount Payment Date

About FAR EAST HOLDINGS BHD
Far East Holdings Bhd is a Malaysia based investment holding company engaged in the principal activities of cultivation of oil palms, and productions and sales of fresh fruit bunches, crude palm oil, and palm kernel. Through its subsidiaries, the company operates in oil palm plantations and palm oil mill activities. The group has two palm oil mills namely, Kilang Kosfarm Sdn Bhd and Wujud Wawasan Sdn Bhd at Keratong, Pahang. The company?s activities are primarily carried in Malaysia, and it generates the majority of the revenue from sales of crude palm oil and palm kernel.

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.

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

Post a Comment