Dividend - Normal or Special

[ABLEGRP] Final Dividend on 18-Dec-2000

Announcement Date: 17-Nov-2000
Related Stock:
ABLEGRP
ABLEGROUP BERHAD
Share Registrar:
ABLEGRP
ABLEGROUP BERHAD
FY: 30-Jun-2000
Amount

RM 0.1

  • Ex Date
    18-Dec-2000
  • Entitlement Date
    22-Dec-2000
  • Payment Date
    15-Jan-2001
Description
ABLEGROUP BERHAD announced a quarterly dividend of RM 0.1 per share. The dividend is payable on 15-Jan-2001, while the ex-date will be on 18-Dec-2000.

About ABLEGROUP BERHAD
AbleGroup Bhd is a Malaysia-based investment holding company. It is engaged in the processing, trading, exporting, and production of marble and granite products. The company operates through three segments: Building material segment, Investment holding, and Property development segment. The Building material segment is involved in supply, delivery, and installation of stone and tiling works. The Investment holding segment is involved in investment holding. The Property development segment is involved in property development activity. Majority of its revenue comes from Building material segment.

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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