KUALA LUMPUR: ACE Market-bound SCC Holdings Bhd, which is seeking to raise RM8.67mil from its initial public offering (IPO), is committed to pay 35% of its net profit as dividend to shareholders.
“We envisage a dividend payout ratio of about 35% of our future net profits to shareholders in each financial year,” executive chairman Ben Cher Hwee Seng said at SCC Holdings’ prospectus launch yesterday.
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