Thursday, April 18, 2013

Pos Office Special Dividend Likely

HwangDBS Vickers Research in a report in December said Pos Malaysia has tax credits amounting to some RM317mil which is expiring by Dec 31, 2013, and is likely to declare a special dividend of 59 sen per share in the near future.

It said Pos Malaysia is a cash cow, supported by RM1.24 per share net cash or RM665mil by end-financial year 2014. Read more.