Nestle reclassifies dividend, pay-out on May 21

KUALA LUMPUR: In view of the Covid-19 pandemic and the movement control order (MCO) imposed by the government, Nestlé Malaysia Bhd’s board of directors has reclassified the company’s proposed final dividend for the financial year ended Dec 31, 2019 (FY2019) as the third interim dividend for the same financial year. In a filing with Bursa Malaysia today, […]

Bad economic situation to blame for low EPF dividend

KUCHING: The low Employees Provident Fund (EPF) dividend was largely due to the bad economic situation in the country last year, said Kota Samarahan Municipal Council chairman Datuk Peter Minos. The pension fund has declared a dividend of 5.45 per cent for Conventional Savings in 2019 and 5 per cent for Syariah Savings 2019, with […]

EPF declares 5.45 pct dividend

KUALA LUMPUR: The Employees Provident Fund (EPF) delivered a solid performance for 2019 in terms of both its operational and financial results, allowing it to declare a dividend of 5.45 per cent with a payout amounting to RM41.68 billion for Simpanan Konvensional. With this, the EPF delivered 2.95 per cent above what is mandated under the EPF Act […]

Where are our dividends?

SIBU: Four hundred and four landowners in the Sekuau Resettlement Scheme who are involved in oil palm plantations are disappointed that Felcra has not paid them any dividends for the past two years. Chairman of the Sekuau Village Development and Security Committee (MJKKK) Councillor Henry Kanyan Vincent Rawing said that the MJKKK and the Sekuau […]