Dividends |
On the balance sheet front, we continue to play the role of being a good steward of the cash position and dividend policy of the company. In this uncertain and challenging business environment, we have been very careful and selective on the Capital Expenditure (“Capex”) to be spent limiting only to the necessary technological upgrades and investments with reasonable Return On Investment (“ROI”) and minimal risks of being near term obsolete, whilst maximizing the use of our excess equipment from strategic load management. With this, we also continue to be very generous to shareholders with handsome dividend payouts of RM23.4 million during the year as follows:
Overall, we ended FY2023 with a strong balance of cash and cash equivalents of RM210.1 million. |