KUALA LUMPUR: Shares of KUALA LUMPUR KEPONG BHD [] (KLK) rose in late morning trade on Monday, Feb 22 in tandem with the positive market and also ahead of its dividend going ex on Tuesday.
At 11.09am, KLK is up six sen to RM16.82 with 135,000 shares done.
Its final single tier dividend of 30 sen goes ex on Tuesday and the payment date is March 17. It posted net profit of RM243.73 million in the fourth quarter ended Sept 30, 2009 versus RM267.50 million a year ago.
Meanwhile, its first quarter results for October to December 2009 is scheduled for release on Wednesday, the company said