KUALA LUMPUR: Stock exchange operator Bursa Malaysia still has plenty of cash and could be in a position to consider another return of capital to shareholders late this year, says chief executive officer Yusli Mohamed Yusoff.
At the end of 2005, Bursa handed RM416mil of its cash pile back to shareholders under its policy to repay capital beyond what is required for operational needs, a sum it has previously put at around RM500mil. At Dec 31, it had almost RM600mil in cash and short-term deposits and investments, and more cash could be raised soon, he said.
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