KPS shareholders eye dividend after Splash stake sale


KPS said with the imminent takeover of the group's 30% equity interest in Splash held through Viable Chip (M) Sdn Bhd, a wholly-owned subsidiary of the company, the group is continuously assessing business opportunities in sectors in existing investments and new business areas.

FOLLOWING the sale of a stake in Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash), the market is rife with expectations of Kumpulan Perangsang Selangor Bhd (KPS) dishing out a handsome dividend to its shareholders.

Under the sale offer, KPS, which owns 30% in Splash, will receive a total of RM765mil in gross proceeds.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , KPS , splash

   

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