after its change name, there will be some complication for investor/remisier when buying or selling the genting shares bcos shares names starting with all genting. errors can happen

maybe nothing better to do, change name, shift office,change people etc feng shui qua

alot of funny things

RESORTS - NOTICE OF BOOK CLOSURE

Contents :  Final Dividend of 4.0 sen less 25% tax per ordinary share of RM0.10 each.

Kindly be advised of the following :

      1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]      as from : [ 26 June 2009 ]

      2) The last date of lodgement : [ 30 June 2009 ]

      3) Date Payable : [ 21 July 2009 ]

hmm based on this calculation ..let say u have 10x100 lot of resort share bought at rm2.50 how much is the divident payout? confuse with the calculation part..

How much you bought doesn't matter one, it is number of shares you have.

4 cents per share

You have 1000 shares or 0.04 x 1000 = 40.00
But it is less tax 25%

40 x 0.75 = 30.00 (Cheque sent to you will be 30.00)

But you can claim back the 10 (tax) part if you are not subjected to income tax, or portion based on your tax bracket.

How can I claim it back? I'm a student, don't need to pay tax right?

Gotta open your tax account and claim ur money back . Dividend comes minus tax already.

Can explain to me how to open a tax account? Thank you sifu.

You can go to any LHDN(Lembaga Hasil Dalam Negeri) to register tax account with them.
Usually those ppls whom has salary above RM2.5K will require to pay tax as it will fall under minimum tax bracket.
Sometime company will open tax account for you as the company have to deduct some portion money monthly for taxes

But i'm just a college student, do I need to go through all these just to get my dividends tax?

But i'm just a college student, do I need to go through all these just to get my dividends tax?

Sad to tell you the answer is YES
Btw, one-tier tax system coming, you don't have to worry in coming years....

Don't worry doesn't mean good news.

As single tier, no claim back aka he needs to pay tax eventhough as student.

Anybody queing to buy Resorts now?

The price is quite attractive now but its still on a downward trend.

Hmm.. I'll wait and see.. 

2.60