icapital.biz unveils dividend policy

PETALING JAYA: icapital.biz Bhd’s (ICap) dividend policy will be based on the fund’s net asset value (NAV) and NAV-to-share price discount.

The dividend policy, which aims to proactively narrow the gap between the fund’s share price and NAV, is subject to market and economic conditions and the fund’s value investing investment philosophy, the company said in a filing with Bursa Malaysia.

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