Dividend - Normal or Special

[MI] Second Interim Dividend on 09-Dec-2024

Announcement Date: 25-Nov-2024
Related Stock:
MI
MI TECHNOVATION BERHAD
Share Registrar:
MI
MI TECHNOVATION BERHAD
FY: 31-Dec-2024
Amount

RM 0.0350

  • Ex Date
    09-Dec-2024
  • Entitlement Date
    10-Dec-2024
  • Payment Date
    30-Dec-2024
Description
MI TECHNOVATION BERHAD announced a quarterly dividend of RM 0.0350 per share. The dividend is payable on 30-Dec-2024, while the ex-date will be on 09-Dec-2024. This is higher than the previous dividend of RM 0.0250 per share, with ex-date of 29-Aug-2024 and paid to the shareholders on 18-Sep-2024.

Ann. Date Ex Date Amount Payment Date

About MI TECHNOVATION BERHAD
MI Equipment Holdings Bhd is engaged in design, development, manufacture, and sale of WLCSP sorting machines with inspection and testing capabilities for semiconductor industry. The company is also engaged in the provision of maintenance services and technical support, and sale of related spare parts and components.

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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