MGB shareholders approve final dividend payout


MGB executive vice-chairman Tan Sri Lim Hock San said: “We are delighted to have received the support of our shareholders and achieved a positive outcome at our AGM. This year has been a tumultuous year with geopolitical issues and inflation being the common enemy of construction companies."

PETALING JAYA: MGB Bhd, a subsidiary of LBS Bina Group Bhd, saw all its nine resolutions passed by its shareholders at its AGM yesterday.

The shareholders approved, among others, the payment of a single-tier final dividend of 0.493 sen per share for the financial year ended Dec 31, 2021.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MGB , LBS Bina , Lim Hock San , construction , projects

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read