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