UEM Edgenta mulls dividend payout


Media briefing: Azmir and chairman Amir Hamzah (right) at the press conference after the company’s meeting. — Bernama

PETALING JAYA: UEM Edgenta Bhd is considering a one-off dividend payout after shareholders approved its plan to sell a subsidiary in New Zealand for cash, even as the company seeks to strengthen its balance sheet.

The sale of its 61.2% stake in Opus International Consultants Ltd (OIC) will generate gross proceeds of RM532.8mil.

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Business , UEM Edgenta , dividend , payout , New Zealad , subsidiary ,

   

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