Dividend - Normal or Special

[PESTECH] Special Dividend on 09-Feb-2021

Announcement Date: 19-Jan-2021
Related Stock:
PESTECH
PESTECH INTERNATIONAL BERHAD
Share Registrar:
PESTECH
PESTECH INTERNATIONAL BERHAD
FY: 30-Jun-2021
Amount

RM 0.0050

  • Ex Date
    09-Feb-2021
  • Entitlement Date
    10-Feb-2021
  • Payment Date
    23-Feb-2021
Description
PESTECH INTERNATIONAL BERHAD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 23-Feb-2021, while the ex-date will be on 09-Feb-2021. This is equivalent to the previous dividend of RM 0.0050 per share, with ex-date of 27-Nov-2020 and paid to the shareholders on 18-Dec-2020.

Ann. Date Ex Date Amount Payment Date

About PESTECH INTERNATIONAL BERHAD
Pestech International Berhad is a Malaysia-based electrical power technology company. The Company is principally engaged in the business of investment holding, general trading and provision of management service. The Company operates in two business segments: Investment and Engineering, Procurement and Construction and Commissioning (EPMCC). The Investment segment includes investment and property holding. The EPMCC segment includes engineering, procurement, manufacturing, construction and commissioning of power substations, and transmission lines. It operates in four geographical segments: Malaysia, Cambodia, Brunei and Australia. The Company involves in four business segments: Power Transmission Infrastructure and Products; Power Generation and Rail Electrification; Built and Operate of Transmission Asset, and Embedded System Software and Product Development. The Company involves in engineering, design, manufacturing, installation and commissioning of electrical power facilities.

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.

Market Buzz
Discussions
Be the first to like this. Showing 1 of 1 comments

Otto360

Good share to keep. Potential price going up is huge

2021-01-20 14:59

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