Friday, 13 April 2012

Mesiniaga at four-year high on dividend updates

KUALA LUMPUR (April 13): MESINIAGA BHD [] shares rose as much as 4% to its highest in more than four years on Friday morning following the information TECHNOLOGY [] products company’s dividend updates.

Mesiniaga gained nine sent to an intraday high of RM2.36, the highest since August 2007, before settling lower at RM2.33 at noon.

The firm plans to reward shareholders with a first and final dividend of 21 sen less 25% tax for financial year ended Dec 31, 2011.

According to the company, the ex-date for the dividend is on June 19 this year while the final lodgement date is on June 21.

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