Latest news with #29thAnnualGeneralMeeting
Mint
4 days ago
- Business
- Mint
Tata Steel, JSW Energy to HDFC AMC: 5 stocks to trade ex-dividend today
Dividend Stocks: Tata Steel, JSW Energy, HDFC AMC, Container Corporation of India (CONCOR) and Bank of Baroda are among the five stocks that will trade ex-dividend today. These companies had set June 6, 2025, as the record date for determining the list of eligible shareholders to receive the dividend. The record date implies that investors who wish to benefit from the dividend payout should have purchased their shares at least one day before the record date, as per the T+1 settlement procedure, for their names to be included in the list of eligible shareholders. Tata Steel Ltd: On May 12, Tata Steel had recommended a dividend of ₹ 3.60 per ordinary (Equity) share of face value ₹ 1/- each (360% dividend considering face value of share) to the shareholders of the company for FY 2024-25. JSW Energy: At its meeting on May 15, 2025, the Board of Directors had recommended that the company's shareholders receive a dividend of ₹ 2 per equity share of ₹ 10 (20%) each, which would be taken up for approval at the 31st Annual General Meeting ("AGM") on July 11, 2025. HDFC Asset Management Company Limited: The Board had recommended a final dividend of ₹ 90/-per equity share of ₹ 5/-each of the company, contingent on shareholder approval. If the shareholders approve, the dividend will be paid out within the allotted 30-day period following the date of the next Annual General Meeting (AGM). Container Corporation of India: For 2024–2025, the Board of Container Corporation had announced a final dividend of ₹ 2 per equity share with a face value of ₹ 5 each (40% dividend considering face value of shares). The shareholders must approve the aforementioned final dividend of ₹ 2 (40%) per equity share before it is paid out. Bank of Baroda: Bank of Baroda had recommended that, subject to approval at the next 29th Annual General Meeting, each equity share (face value of ₹ 2 each fully paid up) receive a dividend of ₹ 8.35 (eight rupees thirty-five paisa) for FY 2024–2025.
Mint
4 days ago
- Business
- Mint
Tata Steel, JSW Energy to HDFC AMC: 5 Stocks to trade Ex dividend today
Dividend Stocks: Tata Steel, JSW Energy, HDFC AMC, Container Corporation of India And Bank OF Baroda are among 5 Stocks that will trade Ex dividend today These companies had set 6 June 2025 as the record date for determining the list of eligible share to receive dividend The Record date implies that the investors who wished to benefit from the dividend payout by various companies nodded to buy the shares of these companies one day prior to the record date as per T+1 Settlement procedure, for their names in the list of eligible share to receive dividend. Tata Steel Ltd_ on 12 May, 2025 had recommended a dividend of ₹ 3.60 per Ordinary (Equity) Share of face value ₹ 1/- each (360% dividend considering face value of share) to the shareholders of the Company for FY2024-25. JSW Energy: At its meeting on Thursday, May 15, 2025, the Board of Directors had recommended that the Company's shareholders receive a dividend of Rs. 2 per equity share of Rs. 10 (20%) each, which would be taken up for approval at the 31st Annual General Meeting ("AGM") on Friday, July 11, 2025. HDFC Asset Management Company Limited- The Board had recommended a final dividend of Rs. 90/-per equity share of Rs. 5/-each of the company, contingent on shareholder approval. If the shareholders approve, the dividend will be paid out within the allotted 30-day window following the date of the next AGM. Container Corporation of India Ltd: For 2024–2025, the Board of Container Corporation had announced a Final Dividend of Rs. 2.00 each equity share with a face value of Rs. 5 each (40% dividend considering face value of shares). Apart from Interim Dividend @40% (i.e., Rs. 2.00 per share of Rs. 5.00 each). announced by the company, the Interim Dividend @65% (i.e., Rs. 3.25 per share of Rs. 5.00 each), and the Interim Dividend @85% (i.e., Rs. 4.25 per share of Rs. 5.00 each) that were already paid during the year are increased by this Final Dividend. The shareholders must approve the aforementioned final dividend of Rs. 2.00 (40%) per equity share. Bank Of Baroda: Bank of Baroda had recommended that, subject to approval at the next 29th Annual General Meeting, each equity share (face value of Rs. 2 each fully paid up) receive a dividend of Rs. 8.35 (eight rupees thirty-five paisa) for FY2024–2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Mayor
01-05-2025
- Business
- Business Mayor
PITA delegates told to address internet accessibility
Prime Minister Jeremiah Manele has urged members of the Pacific Islands Telecommunications Association (PITA) to address the ongoing challenge of internet accessibility across the region. Speaking during the official opening of PITA's 29th Annual General Meeting, Business Forum, and Expo 2025 at the Aquatic Centre, King George Six on Monday evening, PM Manele said internet access remains a pressing issue globally and regionally. 'As we continue to discuss telecommunications and Information Communication Technologies (ICTs), let us be reminded that according to the International Telecommunication Union, under half of the world's population still does not use the internet. This is a challenge not only for governments but also for all stakeholders in the telecommunications and ICT sector to address,' the Prime Minister emphasized. He cited a recent United Nations report on the Sustainable Development Goals (SDGs), which identifies ICT and digital transformation as critical enablers of inclusive development. 'ICT and digital transformation are beacons of hope for the United Nations principle of 'Leaving No One Behind',' he stated. 'This is particularly urgent for the Pacific Island region, where geographic scatteredness across a vast ocean space makes connectivity vital to development.' PM Manele also praised PITA for exemplifying regional cooperation and collaboration in the communication sector. 'PITA's AGM provides a platform for discussion and partnership among telecommunication entities in the Pacific. This includes government Telecom and ICT policy and regulatory agencies, associate members, and our regional development partners,' he said. More than 280 delegates from over 100 organizations and more than 30 countries have gathered in Honiara for the event, which is being hosted by Solomon Telekom. Themed 'Digital Nations and Smart Blue Continent: Strengthening the Digital Sovereignty, Connectivity and Resilience for the Pacific Future,' this year's gathering underscores the importance of ICT in shaping resilient and connected island nations. Over the next three days, participants will engage in high-level discussions on digital infrastructure, investment gaps, cybersecurity, submarine cables, AI, 5G, cloud computing, trusted networks, and the future of the internet in the Pacific. PITA continues to play a pivotal role as a regional telecommunications association, committed to promoting and advancing communication services across its member and associate member countries.
Borneo Post
21-04-2025
- Business
- Borneo Post
Tariffs to have minimal impact to Bintulu Port, says group CEO
Ruslan fields questions from reporters. KUCHING (April 21): The sweeping tariffs imposed by the United States are expected to have minimal impact on Bintulu Port Holdings Berhad (BPHB), says group chief executive officer Ruslan Abdul Ghani. He said while it is still too early to draw a firm conclusion, the group does not expect to be significantly affected. He explained this is because most of BPHB's exports do not go directly to the United States. 'We normally export to India, especially for our crude palm oil (CPO); to China, even to Africa. 'We don't deal directly with America, so hopefully that will have quite a minimum impact to us,' he told reporters after the group's 29th Annual General Meeting at Hilton Hotel here today. Ruslan however acknowledged that there could still be some indirect effects. 'It's a bit too early to say, because there's the direct impact, and there's also the indirect impact. So we are currently evaluating all of this,' he added. The group had earlier posted a record-breaking total revenue for its financial year ended December 31, 2024 at RM888.47 million, representing an 8.13 per cent growth driven by disciplined operational management and strong support from the state government. The group also achieved a total cargo throughput of 51.94 million tonnes, making BPHB the third largest port in Malaysia in terms of volume handled. The port's vessel traffic also reached a record 8,026 calls that positions BPHB as a critical maritime logistics hub in the region Despite the uncertainties ahead, Ruslan remains hopeful about the group's outlook in 2025. He said growth will be supported by new throughput, including volumes from green energy, as well as the continued strong performance of Sarawak PetChem and liquefied natural gas (LNG). On 5 April, a blanket 10 per cent tariff was imposed on almost all imports into the United States. Four days later, the US announced even higher 'reciprocal' tariffs on goods from around 60 countries based on trade deficits. Malaysia faces a 24 per cent reciprocal tariff. However, on the same day, Trump walked back parts of the policy by suspending the country-specific tariffs and while maintaining the 10 per cent blanket duty on almost all US imports. Bintulu Port Holdings Berhad lead ruslan abdul ghani tariffs
Borneo Post
21-04-2025
- Business
- Borneo Post
BPHB hits cargo, revenue milestones for FY24
Ruslan (fourth left) during the group's 29th Annual General Meeting in Kuching today. KUCHING (April 21): Bintulu Port Holdings Berhad (BPHB) has achieved a record-breaking operational milestone for its financial year ended Dec 31, 2024. The group has posted total revenue of RM888.47 million, representing an 8.13 per cent growth driven by disciplined operational management. Group chief executive officer Ruslan Abdul Ghani said BPHB also achieved total cargo throughput of 51.94 million tonnes, which set a new performance benchmark. 'We are basically the third largest port in Malaysia in terms of throughput. 'We did quite well, and all of this is because of the support from our board, employees, and stakeholders. 'We received strong backing from everyone, especially Bintulu Port Authority and the Ministry of Infrastructure, Port and Development Sarawak (MIPD),' he said to the media after the group's 29th Annual General Meeting at Hilton Hotel here today. Additionally, the port's vessel traffic also reached a record 8,026 calls that positions BPHB as a critical maritime logistics hub in the region. 'We also did quite well with regard to vessel performance, recording over 8,000 vessel calls last year,' added Ruslan. The group declared a dividend of RM69 million at 15 sen per share. For 2025, Ruslan expects revenue to match or exceed 2024 levels. 'With the introduction of new services and throughput, we expect a similar, if not higher revenue. 'We are hopeful that new volumes coming from green energy and the strong performance of Sarawak Petchem, along with continued support from LNG, will help us deliver another productive year,' he said. According to the group, BPHB remains committed to advancing key infrastructure and growth initiatives such as the Borneo Oil and Gas Supply Base (BOGSB) project. The project remains remains a cornerstone of the group's ambition to position Sarawak as a regional hub for offshore energy logistics, in line with its vision to support Malaysia's energy ecosystem with integrated, future-ready logistics solutions. The group is also moving forward with initiatives to operationalise Free Zone areas at both Bintulu Port and Samalaju Industrial Port, aimed at unlocking new investment opportunities and enhancing trade facilitation. Upgrades to the Bintulu International Container Terminal (BICT) are underway to meet international standards in efficiency, agility, and sustainability. As part of its long-term sustainability strategy, BPHB is advancing the establishment of Carbon Capture and Storage (CCS) infrastructure at Bintulu Port and Samalaju Industrial Port. 'CCS-enabled hubs will play a vital role in Malaysia's decarbonisation roadmap, positioning BPHB as a key enabler of regional carbon management and sustainable energy logistics,' it said.
