Khazanah MD: Valid for govt to seek higher dividends during trying times

Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan: "On the (dividend) request from the government, whether you consider it as a higher dividend for 2020, to help support the government during this time, I think it is a valid request and due to the higher budget approved for 2020."

KUALA LUMPUR: It is a valid request for the government to ask for a higher dividend for 2020 due to the extraordinary financial pressure faced last year, said Khazanah Nasional Bhd managing director Datuk Shahril Ridza Ridzuan.

According to the Khazanah Annual Review 2021 released today, the sovereign wealth fund declared a dividend of RM2.0 billion for 2020 to the government, double the RM1.0 billion dividend declared for 2019.