Wednesday, 25 April 2012

Selangor Properties up 3%, trades ex-dividend

KUALA LUMPUR (April 25) : Selangor PROPERTIES [] Bhd rose 3% to be among the top gainers as investors chased the stock to capitalise on its dividends.

Selangor Properties shares climbed 10 sen to RM3.68 as at 9.21am.

The stock trades ex-dividend on Wednesday. Shareholders have approved the company’s plan to pay a first and final dividend of 10% less 25% tax for financial year ended October 31, 2011. The final lodgement date falls on Friday.

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