RE: Third quarter results26 Nov 2020 11:18
"New dividend policy. The Board has resolved to
establish a regular dividend policy to be based on the
annual profits generated by the operating activities of
the Company. Subject to available liquidity and financial
position, the Company intends to distribute an annual
dividend in an amount equal to 40-60% of net profits.
The new dividend policy will be in effect from fiscal year
2020 with the first dividend expected to be paid out
after the next annual general meeting to be held in
2021. Following the resolution of the outstanding tax
matters, the Company has a strong financial platform
and a solid foundation for executing its strategy as an
industrial investment company. Going forward, available
financial funds are expected to be deployed to support
this core strategy."