Dividend - Normal or Special

[MATANG] First and Final Dividend on 12-Dec-2024

Announcement Date: 18-Oct-2024
Related Stock:
MATANG
MATANG BERHAD
Share Registrar:
MATANG
MATANG BERHAD
FY: 30-Jun-2024
Amount

RM 0.0016

  • Ex Date
    12-Dec-2024
  • Entitlement Date
    13-Dec-2024
  • Payment Date
    08-Jan-2025
Description
MATANG BERHAD announced a quarterly dividend of RM 0.0016 per share. The dividend is payable on 08-Jan-2025, while the ex-date will be on 12-Dec-2024. This is equivalent to the previous dividend of RM 0.0016 per share, with ex-date of 15-Dec-2023 and paid to the shareholders on 08-Jan-2024.

Ann. Date Ex Date Amount Payment Date

About MATANG BERHAD
Matang Berhad is an investment holding company operating through its subsidiary that develops real estate properties. Matang Berhad was incorporated in 1978 and is based in Johor Bahru, Malaysia. Through its subsidiary, Matang Holdings Berhad, the company  engages in the management of oil palms plantation estate, sale of fresh fruit bunches, and property investment holding activities. Its total plantation area comprise of 1,082.1 hectares of plantation estate land located in Johor.

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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