Quick take: MHC Plantations shares up 10% after dividend announcement

TheStar Thu, Apr 11, 2019 10:08am - 4 years View Original


KUALA LUMPUR: Shares in MHC Plantations Bhd were on a tear in Thursday’s early session following its dividend announcement.


One of the top gainers on Bursa Malaysia, MHC rose 10.17%, or six sen to 65 sen. The counter has fallen some 9.8% in the past one year.


MHC announced that a final single tier dividend of 1.5 sen per share has been proposed for the financial year ended Dec 31, 2018.


The company said the final dividend was subjected to shareholders' approval at its forthcoming annual general meeting.

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