Micro-Mechanics Declares Interim Dividend and Record Date for FY2025

Micro-Mechanics (Holdings) Ltd. (the “Company”) has officially announced the declaration of an interim one-tier tax-exempt dividend for the financial year ending June 30, 2025. Shareholders and investors should take note of the key details below, as they may significantly influence the Company’s share value.

Key Highlights for Shareholders

• The Record Date for the interim dividend is set for February 7, 2025, at 5:00 p.m.
• Only shareholders whose securities accounts with the Central Depository (Pte) Limited are credited with shares by this time will be eligible for the dividend.
• The dividend payment date is scheduled for February 18, 2025.
• Shareholders must ensure that duly completed registrable transfers are submitted to the Company’s Share Registrar, B.A.C.S. Private Limited, at their Singapore address by 5:00 p.m. on February 7, 2025, to qualify for the dividend.

About Micro-Mechanics

Micro-Mechanics is a leading provider of high-precision tools and parts serving the semiconductor industry. The Group operates five manufacturing facilities across Singapore, Malaysia, China, the Philippines, and the USA. With its commitment to operational excellence and local customer support, the Company has built a strong reputation for delivering market-leading solutions for wafer-fabrication and semiconductor assembly processes.

In addition to its product manufacturing, Micro-Mechanics also specializes in contract manufacturing of precision parts and tools for process-critical applications. Since being listed on the Singapore Exchange in 2003, the Company has received over 30 awards, underscoring its commitment to corporate governance, transparency, and investor relations.

Why This Matters

The announcement of an interim dividend reflects the Company’s robust financial health and its commitment to delivering shareholder value. Dividend declarations, especially tax-exempt ones, often attract investor interest and could positively influence the stock price in the short term. With a strong operational footprint and sustained accolades for governance and transparency, Micro-Mechanics remains a key player in the semiconductor industry.

Investor Action Points

Shareholders should ensure their holdings are updated with the Central Depository (Pte) Limited or submit any registrable transfers by the Record Date. Missing this deadline could result in ineligibility for the interim dividend payout.

Looking Forward

Micro-Mechanics’ consistent performance in the semiconductor sector, combined with its dividend declarations, positions it as an attractive investment opportunity. However, investors should remain vigilant of market conditions and further announcements from the Company as the financial year progresses.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors are encouraged to conduct their own research or consult with a financial advisor before making investment decisions. The author and publisher are not liable for any financial losses resulting from the use of this information.