Dividend - Normal or Special

[JAKS] First Interim Dividend (with Dividend Re-Investment Plan) on 31-Jan-2025

Announcement Date: 13-Jan-2025
Related Stock:
JAKS
JAKS RESOURCES BERHAD
Share Registrar:
JAKS
JAKS RESOURCES BERHAD
FY: 31-Dec-2024
Amount

RM 0.0050

  • Ex Date
    31-Jan-2025
  • Entitlement Date
    03-Feb-2025
  • Payment Date
    03-Mar-2025
Description
JAKS RESOURCES BERHAD announced a quarterly dividend of RM 0.0050 per share. The dividend is payable on 03-Mar-2025, while the ex-date will be on 31-Jan-2025.

About JAKS RESOURCES BERHAD
Jaks Resources Bhd is an investment holding company. It is organised into six main reportable segments - Manufacturing segment comprises mainly manufacturing of pipes; Trading segment comprises trading in sheet piles, steel bars, mild steel and special pipes, other steel related products, building materials and supply of products for water supply industry; Construction segment Comprise mainly provision of sub-contracting activities; Investment segment involves investment holding activities; Property Development and Property Investment segment is engaged in the development of residential and commercial properties and management of development shopping mall. Its principal geographical areas for its operations are located in Malaysia and Vietnam.

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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