FY: 30-Jun-2024
Amount
RM 0.0300
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Ex Date
19-Dec-2024
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Entitlement Date
20-Dec-2024
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Payment Date
31-Dec-2024
Description
RHONG KHEN INTERNATIONAL BERHAD announced a quarterly dividend of RM 0.0300 per share. The dividend is payable on 31-Dec-2024, while the ex-date will be on 19-Dec-2024. This is higher than the previous dividend of RM 0.0100 per share, with ex-date of 15-Apr-2024 and paid to the shareholders on 10-May-2024.
About RHONG KHEN INTERNATIONAL BERHAD
Rhong Khen International Berhad, formerly Latitude Tree Holdings Berhad, is an investment holding company, which is engaged in the provision of management services to the subsidiaries. The Company is an integrated household furniture manufacturer that specializes in the manufacturing and sale of wooden household furniture and components particularly rubber-wood furniture for export markets. The Company's segment includes Manufacturing, Rental of property, plant and equipment, and Investment holding. Its geographical segments include Malaysia, Vietnam and Thailand. The Company provides a range of products, including bedroom collection sets including beds, nightstands, chests, armoires, and wardrobes; dining room collection sets including tables, chairs, buffets, hutches, curios, sideboards and servers; and living room collection sets including sofas, sofa tables, occasional tables, coffee tables and cabinets (TV and Low Cabinets) and small office, home office (SoHo) sets.
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.