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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
