SYF plans dividend policy


KUALA LUMPUR: Furniture maker and property developer SYF Resources Bhd plans to implement a dividend policy in the future, using the cashflow it generates from the manufacturing business.

Datuk Seri Chee Hong Leong, the executive director and major shareholder of SYF Resources, said the initial target would be to distribute around 30% of profits from the its furniture business but this would only happen in the later part of 2017.

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Business , syf resources , 2q , results , dividend , manufacturing

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