PETALING JAYA: IJM Corp Bhd
’s move to dispose of its 100% stake in Jaipur-Mahua Tollway Private Ltd (JMTPL) in India will reduce the company’s gearing and potentially result in a special dividend for shareholders, according to analysts.
Noting the RM188mil gain it was set to make, BIMB Securities Research said shareholders could benefit from a special dividend in financial year 2015 if the deal materialised then.
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!
