Dividends Print E-mail

After the high CAPEX spending of RM107 million in FY2017 laying the foundation for future growth, we reverted back to our traditional policy of preserving cash in an uncertain global environment. Our operations team have contributed well by maximizing productivity and fully utilizing installed capacity across all our product lines to significantly reduce CAPEX spending for FY2018. This provided us with the ability to deliver dividend payments of RM57.2 million (representing 82% payout of net profit) to our loyal shareholders. We are happy to report that we ended FY2018 with healthy cash and bank balances of RM121 million.

Details of dividend payments are as follows:

  1. Year 2017’s third interim and special dividend of 6 sen per share amounting to RM17.1 million on 30 March 2018;
  2. Year 2018’s first interim and special dividend of 3 sen per share amounting to RM20.01 million on 11 July 2018; and
  3. Year 2018’s second interim and special dividend of 3 sen per share amounting to RM20.07 million on 4 December 2018.

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