Dividend - Normal or Special

[ITMAX] Interim Dividend on 06-Dec-2024

Announcement Date: 25-Nov-2024
Related Stock:
ITMAX
ITMAX SYSTEM BERHAD
Share Registrar:
ITMAX
ITMAX SYSTEM BERHAD
FY: 31-Dec-2024
Amount

RM 0.0140

  • Ex Date
    06-Dec-2024
  • Entitlement Date
    09-Dec-2024
  • Payment Date
    24-Dec-2024
Description
ITMAX SYSTEM BERHAD announced a quarterly dividend of RM 0.0140 per share. The dividend is payable on 24-Dec-2024, while the ex-date will be on 06-Dec-2024. This is higher than the previous dividend of RM 0.0120 per share, with ex-date of 13-Mar-2024 and paid to the shareholders on 25-Mar-2024.

Ann. Date Ex Date Amount Payment Date

About ITMAX SYSTEM BERHAD
ITMAX System Berhad together with its subsidiary, ITMAX Group is primarily involved in public space networked systems focusing on lighting, traffic management, and video surveillance, as well as communications network services, which may be part of a smart city's infrastructure. Public space refers to the space that is generally accessible to the public, such as roads and parks. ITMAX Group is involved in some of Kuala Lumpur's smart city initiatives. Its networked video surveillance is an integrated system incorporating artificial intelligence (AI) and machine learning. It designs and manufactures traffic light controllers. It provides city planners with a solution used to configure and schedule lighting at specific times. The Company also offers related products to complement its two business segments, including the supply of UPS equipment sourced from third parties as well as sales of its Trafficsens traffic management controllers and Selmos lighting controllers.

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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