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PETALING JAYA: Kuala Lumpur Kepong Bhd's (KLK) near-term dividend payout could be affected in light of its RM706mil investment in downstream palm oil projects under the Economic Transformation Programme (ETP), according to analysts.
PETALING JAYA: Shareholders of banks with strong capital ratios stand a better chance of being rewarded with higher dividends following Bank Negara’s move last week to scrape the requirement for reserve fund.
IN spite of the sluggish property sector, Kerjaya was able to replenish its order book by RM1.5bil in 2016. UOB Kay Hian assumes an order book replenishment rate of RM1bil for 2017 compared with the management’s modest target of RM800mil.
Shares of Public Bank Bhd rose to new highs yesterday on strong buying interest after the bank announced a record net profit and its best-ever dividend payout for the year ended Dec 31, 2004.---------------------------------------------
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) will remain steadfast in delivering its Reimagining TNB strategic roadmap despite disruptions caused by the COVID-19 pandemic, said president and chief executive officer Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR: CIMB Group Holdings Bhd posted net profit of RM1.51bil in the second quarter ended June 30, 2019 compared with RM1.98bil due to lower gains from the disposal of subsidiaries, joint ventures and associates.