Dividend - Normal or Special

[GLXT] Interim Dividend on 06-Dec-2024

Announcement Date: 22-Nov-2024
Related Stock:
GLXT
GLOSTREXT BERHAD
Share Registrar:
GLXT
GLOSTREXT BERHAD
FY: 31-Mar-2025
Amount

RM 0.0075

  • Ex Date
    06-Dec-2024
  • Entitlement Date
    09-Dec-2024
  • Payment Date
    16-Dec-2024
Description
GLOSTREXT BERHAD announced a quarterly dividend of RM 0.0075 per share. The dividend is payable on 16-Dec-2024, while the ex-date will be on 06-Dec-2024. This is higher than the previous dividend of RM 0.0050 per share, with ex-date of 15-Feb-2024 and paid to the shareholders on 29-Feb-2024.

Ann. Date Ex Date Amount Payment Date

About GLOSTREXT BERHAD
Glostrext Berhad is a geotechnical instrumentation service provider. The Company is principally involved in the provision of pile instrumentation and pile static load test services to construction projects. Its pile instrumentation and pile static load test services are provided to piling companies and construction companies on service engagement basis during the piling stage of a construction project. The Company also provide structural and ground instrumentation and monitoring services to construction projects during the piling stage and building/infrastructure construction stage to observe the performance of geotechnical design and to ensure the safety of the construction sites and/or the building under construction as the construction progresses. It is involved in the provision of pile static load test services using bi-directional static load test (BDSLT) method, where it supplies and assemble sacrificial hydraulic jack assembly within test piles and carry out testing on-site.

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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