Petronas Dagangan slips into red in Q1, dividend falls by two-thirds

KUALA LUMPUR: Petronas Dagangan Bhd (PetDag) slipped into the red in the first quarter (Q1) ended March 31, 2020, recording a net loss of RM29.42 million compared with a net profit of RM291.20 million a year earlier. Revenue also declined to RM6.55 billion compared with RM7.81 billion in the same period last year. In a […]

Bank Rakyat declares 14 pct dividend for 2019

KUALA LUMPUR: Bank Rakyat Group has announced a 14 per cent dividend for the financial year ended December 31, 2019 compared with 13 per cent the previous year. The dividend payment will be made on March 29, 2020. Entrepreneur and Cooperative Development Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said this would involve a total payment of […]