strange that there is no news on whether the shares over-subscribed or under-subscribed.

Does the company has a dividend policy?

trying to learn from the sifu(s) here.

can someone shed some light on the Management Incentive Plan? why buying at MYR 0.754 per share when he can get it at a much lower price from the market?

Was Armada the fore-runner of ONGC project?

Robert Waters,

I like the way you determine the fair price of BAB. 😁

MM78,
Well, it is entirely up to the Board. More importantly, one needs to know that before such dividends can be made, the Board is required to assess and be satisfied that the Company will still be solvent for the coming 12 months after the distribution is made (paid). So the process is not so straight forward and the onerous in on the Board.

Hi Bon 888 and MM78,
Companies Act 2016 says dividends can only be distributed out of profits. FX reserves are not profits.

Pengsan.

Ha Ha bullmarket 1628, I thought you already Sailang? Hope you are not selling your underwear to go all in. :)