“In determining whether this additional dividend is affordable, the Petronas board first satisfied itself that the company could comfortably continue to fund its operations, service its debts and meet its obligations as well as invest in its future growth, ” it said in a statement.
KUALA LUMPUR: In light of the unprecedented challenges brought about by the Covid-19 pandemic, Petroliam Nasional Bhd’s (Petronas) board has approved an additional RM10bil dividend payment to the federal government by the end of this month.
The national oil company said it had previously committed to maintain the scheduled RM24bil dividend payment to the government based on its financial year 2019’s performance, and confirmed that the company has fully paid the dividend as planned for this year.
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