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2023-04-06 09:34 | Report Abuse
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.
2023-04-05 17:48 | Report Abuse
Hi Bon 888 and MM78,
Companies Act 2016 says dividends can only be distributed out of profits. FX reserves are not profits.
2022-06-20 20:48 | Report Abuse
Ha Ha bullmarket 1628, I thought you already Sailang? Hope you are not selling your underwear to go all in. :)
Stock: [ARMADA]: BUMI ARMADA BERHAD
1 month ago | Report Abuse
Robert Waters,
I like the way you determine the fair price of BAB. 😁