KUALA LUMPUR: icapital.biz Bhd (ICAP) is introducing an innovative dividend policy to proactively narrow the gap between ICAP’s share price and net asset value (NAV) and possibly bring its share price back to trade at a premium.
ICAP is also introducing a dividend reinvestment plan (DRP), which is a dividend reinvestment scheme that will allow shareholders to have the option to reinvest their dividends into new ICAP shares without incurring material transaction costs.
