OTHERS ADOPTION OF NEW DIVIDEND POLICY
TECHBOND GROUP BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | ADOPTION OF NEW DIVIDEND POLICY |
Techbond Group Berhad (the “Company”) wishes to announce the adoption of a dividend policy of up to 30% of its consolidated profit after tax attributable to the owners of the Company with effect from the financial year ending 30 June 2020, excluding any unrealized income from adjustments due to accounting policies that are non-cash in nature (“Dividend Policy”).
The Company’s ability to declare and pay dividends however will be subject to a number of factors, including amongst others:
The Dividend Policy merely describes the Company’s present intention and shall in no way constitute a legally binding commitment by the Company in respect of its future dividends and/or plans for the same. The Dividend Policy is not a forecast or indication in any way of the Company’s actual profitability or its ability to pay dividends in the future.
This Announcement is dated 29 November 2019.
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Announcement Info
Company Name | TECHBOND GROUP BERHAD |
Stock Name | TECHBND |
Date Announced | 29 Nov 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-29112019-00063 |