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KPS announces inaugural dividend policy, proposes 2.5 sen final dividend for FY20
KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd's board of directors has adopted a dividend policy to pay at least 30% of the group’s normalised profit after taxation and minority interest annually.
Insight - Shifting the balance from direct to indirect taxes
THE current worldwide trend is shifting from direct tax to indirect tax by decreasing direct tax rates and increasing value-added tax (VAT) as well as goods and services tax (GST) rates.
Funds favour firms with superior ESG practices
PETALING JAYA: Although environmental, social and governance (ESG) issues have been gaining prominence, they do not appear to enhance the stock valuation in the country.
Nestle focused on long-term goals
KUALA LUMPUR: Nestle (Malaysia) Bhd expects the Covid-19 pandemic will weigh significantly on the market throughout the first half of 2021, although the progressive rollout of vaccines will have a positive bearing on the health crisis.
Lights off at Heineken for Earth Hour
PETALING JAYA: Heineken Malaysia Bhd switched off non-essential lights at its Sungei Way Brewery in Petaling Jaya, Selangor, during Earth Hour 2021 on Saturday
The unsustainable prices of crude palm oil
Insufficient supply of soybean meal helping CPO prices
Optimistic outlook for TH Plantations
PETALING JAYA: The growth prospects for TH Plantations Bhd looks promising, aided by the planter’s progressing strategic recovery plan and a boon from the multi-year high price of crude palm oil (CPO).