Gadang plans to give regular dividend

PETALING JAYA: Cash-rich Gadang Holdings Bhd, which has just announced its second acquisition of another small hydropower project in Indonesia, is planning to establish a regular dividend policy as it builds up its recurring income assets.

“If we continue to have good profits and stable cashflow, we will look into paying regular dividends and establishing a dividend policy,” said managing director and chief executive officer Tan Sri Kok Onn.