Fourth Interim Dividend


Entitlement subject Fourth Interim Dividend
Entitlement description
Fourth Interim Single-Tier Dividend of 1.5 sen per share for the financial year ended 31 January 2020
Ex-Date 08 Apr 2020
Entitlement date 09 Apr 2020
Entitlement time 5:00 PM
Financial Year End 31 Jan 2020
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date 24 Apr 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 09 Apr 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Entitlement indicator Currency
Announced Currency Malaysian Ringgit (MYR)
Disbursed Currency Malaysian Ringgit (MYR)
Entitlement in Currency Malaysian Ringgit (MYR) 0.0150

Par Value (if applicable)
Registrar or Service Provider name, address, telephone no BOARDROOM SHARE REGISTRARS SDN BHD
11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat)

Seksyen 13

46200 Petaling Jaya




Remarks :
The Board does not recommend any final dividends to be paid for the financial year ended 31 January 2020.

Total dividend declared in respect of the financial year ended 31 January 2020 amounts to 7.5 sen, equating to a 60% dividend payout ratio. For comparative purposes, total dividend declared in respect of the financial year ended 31 January 2019 amounted to 9.0 sen, equating to a 101% dividend payout ratio. This represents a departure from AMH's dividend policy of paying out at least 75% of consolidated profits for the financial year provided that such distribution will not be detrimental to our Group's cash requirements, or to any plans approved by our Board.

Given unprecedented levels of uncertainty and volatility globally stemming from the Covid-19 pandemic, the Board believes this prudent approach is the best course of action, allowing for liquidity to be conserved and our Group's balance sheet to be strengthened. The Board and Management are closely monitoring and proactively managing the COVID-19 situation, and its corresponding impact to business and operations.

Announcement Info

Stock Name ASTRO
Date Announced 25 Mar 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-25032020-00001
Corporate Action ID MY200325DVCA0001

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