AXTERIA GROUP BERHAD announced a quarterly dividend of RM 0.025 per share. The dividend is payable on 18-Jan-2010, while the ex-date will be on 29-Dec-2009. This is lower than the previous dividend of RM 0.045 per share, with ex-date of 26-Jun-2009 and paid to the shareholders on 15-Jul-2009.
Ann. Date
Ex Date
Amount
Payment Date
About AXTERIA GROUP BERHAD
Axteria Group Bhd., formerly Acoustech Berhad, is a Malaysia-based investment holding company. The Company is engaged in manufacturing and trading of speaker units, multimedia speaker systems and developing properties. The Company's segments include audio division, which is engaged in manufacturing, assembly and sales of speaker units; multimedia speaker systems, including component parts; and property development division, which is engaged in developing of properties, and investment holding. The Company's subsidiaries include Formosa Prosonic Technics Sdn. Bhd., which is engaged in manufacturing and assembly of speaker units, multi-media speaker systems and molded plastic parts, and Teras Eco Sdn. Bhd. and JM Cemerlang Sdn. Bhd., which are involved in property development.
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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