TSH Resources Berhad Announces Interim Dividend for 2024 – Potential Impact on Share Value
TSH Resources Berhad Announces Interim Dividend for 2024 – Potential Impact on Share Value
TSH Resources Berhad has officially announced an interim single-tier dividend of 2.5 sen per ordinary share for the financial year ending 31 December 2024. This announcement, dated 21 November 2024, could influence investor sentiment and potentially impact the company’s share price.
Key Details for Shareholders
- Ex-Date: 05 December 2024
- Entitlement Date: 06 December 2024
- Entitlement Time: 5:00 PM
- Payment Date: 20 December 2024
- Currency: Malaysian Ringgit (MYR)
- Entitlement Value: MYR 0.0250 per share
Investors should note that the share transfer book and register of members will be closed from 06 December 2024 to 20 December 2024 for the purpose of determining the entitlement. This closure could have implications for trading volumes and share price volatility.
Potential Implications
The declaration of this interim dividend is a crucial development for shareholders, as it reflects the company’s profitability and its commitment to returning value to shareholders. Such announcements often lead to increased investor interest and can potentially drive up the share price as the ex-dividend date approaches.
Actionable Information
Shareholders are advised to ensure that their securities are transferred into the Depositor’s Securities Account before 4:30 PM in respect of transfers and before 12:30 PM for securities exempted from mandatory deposit, to qualify for the dividend. Additionally, securities bought on the exchange on a cum entitlement basis must comply with the Rules of the Exchange.
The announcement was made available through the official Bursa Malaysia link, providing transparency and accessibility for all stakeholders.
For further assistance, shareholders may contact the registrar, BOARDROOM SHARE REGISTRARS SDN BHD, at their office in Petaling Jaya, Selangor, Malaysia.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions.
View TSH Resources Historical chart here
