KSH Holdings Announces Interim Dividend: What Shareholders Need to Know

In a recent announcement, KSH Holdings Limited declared an interim cash dividend of 0.50 Singapore cents per ordinary share for the financial year ending 31 March 2025. This decision marks a significant development for the company’s shareholders, potentially influencing share values.

Key Details for Shareholders

Shareholders should take note that the Transfer Books and Register of Members will be closed at 5.00 p.m. on 2 December 2024. This closure is crucial for determining entitlements to the interim dividend. Any registrable transfers completed and received by the company’s Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., by this deadline will be eligible for the dividend.

Additionally, shareholders with securities accounts at The Central Depository (Pte) Limited (CDP) credited with shares in KSH Holdings as of 5.00 p.m. on 2 December 2024 will receive the dividend. The number of shares in their accounts at this time will dictate the amount of the dividend they are entitled to.

Dividend Payment Date

For those eligible, the interim dividend is expected to be paid on or around 9 December 2024. This payment date is essential information for shareholders planning their finances.

Implications for Shareholders

The announcement of an interim dividend can be a positive indicator of a company’s financial health and stability, potentially affecting KSH Holdings’ share price favorably. Shareholders and potential investors may view this as a sign of confidence from the company’s board, led by Executive Chairman and Managing Director Choo Chee Onn.

Investors should consider this development when making investment decisions, as it may impact the company’s stock valuation in the market.