MSM declares final dividend of three sen

This translates into a total dividend payout of RM21.09mil, to be paid on April 7 with an ex-date of March 28.

KUALA LUMPUR: MSM Malaysia Holdings Bhd has declared a final dividend of three sen per share for the financial year ended Dec 31, 2021 (FY21).

This translates into a total dividend payout of RM21.09mil, to be paid on April 7 with an ex-date of March 28.

“The final dividend payout of three sen per share is supported with improvement in the group’s balance sheet in FY21 and forecast for FY22.

“The group’s cash balance as at Dec 31, 2021 was recorded at RM194.78mil, with an improved gearing ratio against total borrowings at 0.26 times from 0.33 times in FY20,” group CEO Syed Feizal Syed Mohammad said in a statement.