Dividend - Normal or Special

[REXIT] Interim Dividend on 31-Jan-2025

Announcement Date: 10-Jan-2025
Related Stock:
REXIT
REXIT BHD
Share Registrar:
REXIT
REXIT BHD
FY: 31-Dec-2024
Amount

RM 0.0250

  • Ex Date
    31-Jan-2025
  • Entitlement Date
    03-Feb-2025
  • Payment Date
    18-Feb-2025
Description
REXIT BHD announced a quarterly dividend of RM 0.0250 per share. The dividend is payable on 18-Feb-2025, while the ex-date will be on 31-Jan-2025. This is lower than the previous dividend of RM 0.0500 per share, with ex-date of 12-Dec-2023 and paid to the shareholders on 27-Dec-2023.

Ann. Date Ex Date Amount Payment Date

About REXIT BHD
Rexit Bhd focuses on delivering solutions and services to the general insurance and financial service industries. It offers several web-based insurance solutions which cater for the front-end marketing and sales functions, as well as the back-end operations of insurance companies. In addition, it also offers a suite of workflow, case management, and document management applications that are suited for the financial industry. Its products include e-Cover, which is an online insurance transaction system; e-PPA, which is an online system to submit investment and redemption applications to the employee provident fund, and InfoGuardian, which is an integrated workflow, case management, and document management system. The group operates principally in Malaysia and Hong Kong.

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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