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Through the meticulous guidance and motivation from our CEO and VP of Business and Operations, our Group’s fully committed technical and operations teams worked creatively and dedicatedly in converting, modifying and requalifying many of our invested tools (equipment) to cater for all product-mix changes in our production schedules, thus helping to bring our Group’s FY2019 new CAPEX to a minimum level of approximately RM12 million and yet in full support of all FY2019’s manufacturing/operational needs.

Such outstanding contributions facilitated in enabling our Group to deliver another set of handsome dividend-payments totaling RM50.2 million (representing 112% payout over net profit) to our loyal shareholders. Notwithstanding the above mentioned RM62.2 million in cash outflow from CAPEX and dividend payouts for the year, our group still managed to close FY2019 with healthy cash and bank balances of RM146 million.

Details of the dividend payments are as follows:

  1. Year 2018’s third interim and special dividend of 3 sen per share amounting to RM20.07 million on 26 March 2019;
  2. Year 2019’s first interim and special dividend of 2 sen per share amounting to RM13.38 million on 2 July 2019; and
  3. Year 2019’s second interim and special dividend of 2.5 sen per share amounting to RM16.74 million on 4 December 2019.