KUALA LUMPUR: Petroliam Nasional Bhd will pay the government a dividend of RM34bil (US$8.2bil) in 2020, despite posting losses in the second quarter, the country's economic minister said on Monday.
Petronas, which paid RM54bil in dividends in 2019, originally committed to pay US$24bil this year, and said that any additional funding would depend on its affordability.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!