Dividend - Normal or Special

[KENERGY] Interim Dividend on 12-Dec-2024

Announcement Date: 28-Nov-2024
Related Stock:
KENERGY
KAWAN RENERGY BERHAD
Share Registrar:
KENERGY
KAWAN RENERGY BERHAD
FY: 31-Oct-2025
Amount

RM 0.0125

  • Ex Date
    12-Dec-2024
  • Entitlement Date
    13-Dec-2024
  • Payment Date
    30-Dec-2024
Description
KAWAN RENERGY BERHAD announced a quarterly dividend of RM 0.0125 per share. The dividend is payable on 30-Dec-2024, while the ex-date will be on 12-Dec-2024.

About KAWAN RENERGY BERHAD
Kawan Renergy Sdn Bhd, incorporated in Malaysia on October 26, 2022, as a private limited company, later became a public entity on July 28, 2023. This engineering solutions provider specializes in the design, fabrication, installation, and commissioning of industrial process equipment and plants, including renewable energy and co-generation systems. Their expertise allows them to offer customized design solutions that meet specific customer needs. Additionally, they handle in-house fabrication and commissioning processes. Following the acquisition of Magenko Group on August 1, 2022, the company also engages in power generation and the sale of electricity.

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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