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SIR,




any idea what this means......"Interim Dividend 100% Single Tier"

Interim Dividend 100% Single Tier means that if the face value of the share is 10 sen, a net dividend of 10c for each share will be paid. The dividend is an interim dividend and is tax free because of the single tier taxation.
"Think ahead Beat the Banks" was an old post reposted.

Thank you sir. As i am a newbie here. Dont mind if I will ask you one more Q.

Mind telling me also what it means so..." Share Dividend of 1 treasury share for every 40 existing ordinary shares"? it is about the YTLPOWR.

YTLPower has announced to give 1 treasury share for every 40 shares you owned. This simply means that you will be given 1 share for very 40 shares you have.

Shares bought back by a company can either be sold, cancelled or kept in the company as treasury shares.

Dear All,
Please feel free to ask any question if you feel like asking.

Thks again.

But why it is called "treasury share" as such?

I know I should dig through the stock dictionary again...

Ben Sir, you are being very much helpful.....at least for a newbie, this is where the answer comes...!


Thanks

"A rose by any other name is just as sweet," so the saying goes.

Don't worry why they are called "treasury shares". Just remember that these shares can be cancelled, sold or distributed as dividends by the management at their discretion.

One more problem solved.



Thanks sir.

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