Investor Relations: Financial Highlights - Dividend Policy |
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Dividend Policy
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The company wishes to announce that effective from FY12/2009, the Company has revised the dividend policy from 20% PAT to 20% PAT + Special Dividend for any extraordinary Profits.
For FY12/2009, the Special Dividend for any extraordinary profits would derive from:
- any extra ordinary profits after meeting the minimum target of RM117 PAT . For example, if the final PAT for FY12/2009 is RM125 million, an extraordinary profit of RM8 million would be distributed as Special Dividend to the Shareholders.
- the capital gains as a results of the sale of 5,560,000 Treasury Shares would be distributed to the Shareholders. As at October 22,2009 , the closing price was RM3.95.
If the Treasury Shares are sold at an average price of RM3.95 per share, the company will have capital gains of approximately RM16 million. This amount would then be distributed as Special Dividend to the Shareholders.
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