Dividend - Normal or Special

[MSC] Special Dividend on 29-Nov-2024

Announcement Date: 15-Nov-2024
Related Stock:
MSC
MALAYSIA SMELTING CORPORATION
Share Registrar:
MSC
MALAYSIA SMELTING CORPORATION
FY: 31-Dec-2024
Amount

RM 0.1700

  • Ex Date
    29-Nov-2024
  • Entitlement Date
    02-Dec-2024
  • Payment Date
    23-Dec-2024
Description
MALAYSIA SMELTING CORPORATION announced a quarterly dividend of RM 0.1700 per share. The dividend is payable on 23-Dec-2024, while the ex-date will be on 29-Nov-2024. This is higher than the previous dividend of RM 0.0700 per share, with ex-date of 09-Oct-2024 and paid to the shareholders on 24-Oct-2024.

Ann. Date Ex Date Amount Payment Date

About MALAYSIA SMELTING CORPORATION
Malaysia Smelting Corp Bhd is a Malaysia-based investment holding company focuses on both smelting of tin concentrates and tin bearing materials. The company operates through three segments: Tin Smelting, Tin Mining, and Others. It is principally engaged in the manufacture and sale of solder products for jointing and semiconductor applications in the electrical and electronics industries. The Others segment includes investments in other metal and mineral resources. Most of the revenue comes from tin mining and smelting of tin concentrates, tin-bearing materials and from the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products.

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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