Dividend - Normal or Special

[PMBTECH] Special Dividend on 18-Mar-2020

Announcement Date: 24-Feb-2020
Related Stock:
PMBTECH
PMB TECHNOLOGY BHD
Share Registrar:
PMBTECH
PMB TECHNOLOGY BHD
FY: 31-Dec-2019
Amount

RM 0.0150

  • Ex Date
    18-Mar-2020
  • Entitlement Date
    19-Mar-2020
  • Payment Date
    16-Apr-2020
Description
PMB TECHNOLOGY BHD announced a quarterly dividend of RM 0.0150 per share. The dividend is payable on 16-Apr-2020, while the ex-date will be on 18-Mar-2020. This is higher than the previous dividend of RM 0.01 per share, with ex-date of 17-Dec-2019 and paid to the shareholders on 15-Jan-2020.

Ann. Date Ex Date Amount Payment Date

About PMB TECHNOLOGY BHD
PMB Technology Bhd is principally an investment holding company. The firm is engaged in the manufacturing and/or distribution of access equipment and other aluminium related products and distribution of extruded aluminium profiles and related building materials. The principal activities of the group are: Design, fabrication, and installation of aluminium curtain wall, skylight and facade works, Fabrication and installation of aluminium formwork system, Manufacturing and marketing of aluminium access equipment and Trading and distribution of aluminium related products and building materials. The group manufactures access equipment like ladders and scaffold tower. Majority of the company's revenue is derived from Malaysia.

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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