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SHAREHOLDERS of Tanjong plc were pleasantly surprised last week when the diversified power and gaming company announced a generous dividend of 28 sen less tax per share. The good news came after Tanjong reported a splendid full-year financial results where net profit rose by 100 per cent to RM323.1 million.
HLG Unit Trust Bhd, in the wake of the current weak and volatile equity market, is somewhat adopting a strategy different from most of its other competitors: investing in companies which it knows best rather than being concerned over the short term volatility of a company's stocks per se.