TASEK CORPORATION BERHAD - 6% PREFERENCE announced a quarterly dividend of 36% per share. The dividend is payable on 31-May-2013, while the ex-date will be on 13-May-2013.
Ann. Date
Ex Date
Amount
Payment Date
About TASEK CORPORATION BERHAD - 6% PREFERENCE
Tasek Corporation Berhad is a Malaysia-based company engaged in the manufacture and sale of cement and related products. The Company's products include ordinary portland cement and masonry cement, which are packed and shipped in bulk quantities and are transported via road tankers to its customers. As of December 31, 2010, the Company had eight subsidiaries, namely Posek Pembangunan Sdn Bhd, Tasek Property Holdings Sdn Bhd, Tasek Plantation Sdn Bhd, Tasek Concrete Sdn Bhd, Tasek Industries Sdn Bhd, PR Engineering Sdn Bhd and Tasek Holdings Pte Ltd.
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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