EWI likely to pay special dividend of RM900mil

Maybank IB Research expects EWI to pay a special dividend, which works out to 37.5 sen a share, fully or partly, this year.

PETALING JAYA: Eco World International Bhd (EWI) will likely pay a special dividend of RM900mil as it is expected to achieve its sales target of RM1.4bil in financial year 2023 (FY23).

Despite the payout being tied to the sales target, Maybank Investment Bank (Maybank IB) Research, however, anticipated EWI to pay a special dividend, which works out to 37.5 sen a share, fully or partly this year and make up for any shortfall in the following year in the event the sales target is missed.