Hwang-DBS to pay RM2.50 a share special dividend


(from left) Zulkiflee Abbas, Lodin, Affin Investment Bank chairman Gen Tan Sri Yaacob Mohd Zain and Maimoonah at the media conference.

KUALA LUMPUR: Hwang-DBS (M) Bhd, which has completed the sale of its investment banking business to Affin Holdings Bhd for RM1.36bil, plans to return RM2.50 a share to its shareholders as special dividend.

The ex-date for the special payout is April 21, while the entitlement date was set for April 23, the company said in its filings with Bursa Malaysia yesterday.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , affin holdings , hwang

   

Next In Business News

Industrial projects look increasingly attractive
Yew Lee expects to return to profitability on wider customer base
Changing office space requirements
Fed dampens hopes for rate cut
F&N to use cost management measures
Caring for an ageing population
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read