PETALING JAYA: Kulim (M) Bhd has paid a 17% higher dividend of RM175mil in 2022 to its sole shareholder, the Johor state government’s conglomerate Johor Corp or JCorp.
High palm oil prices had lifted Kulim’s financial results by double-digits even as oil extraction rate (OER) fell marginally.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
