News


Dividend Policy

BackMay 13, 2019
Type Announcement
Subject OTHERS
Description

DIVIDEND POLICY

The Board of Directors of Focus Point Holdings Berhad (“the Company”) wishes to announce that the Company has adopted a dividend payout policy of not less than 30% of its consolidated profit after tax (“PAT”) with effect from the financial year ending 31 December 2019.

 

The Company’s dividend policy of paying out 30% of PAT, is subject to: -

 

(a) Availability and adequacy of distributable reserves;

(b) Cash flow requirement and financing commitments; and

(c) Projected level of capital expenditure and investment plans.

 

This announcement is dated 13 May 2019.





Announcement Info

Company Name FOCUS POINT HOLDINGS BERHAD
Stock Name FOCUSP
Date Announced 13 May 2019
Category General Announcement for PLC
Reference Number GA1-25042019-00036