Looking ahead towards the financial year ending 2023, Astro said it is powering up by becoming an internet service provider, bundling Astro Fibre with content and introducing Astro Fibre standalone broadband to complement its suite of offerings, as well as a full-scale rollout of advertising propositions.
The group will continue to invest in its transformation plans, in particular content, broadband, streaming, customer experience, data, advertising and technology infrastructure to simplify processes.
The group also remains cautiously optimistic and will continue to monitor business conditions while managing costs.
It declared a fourth interim single tier dividend of 1.5 sen per share for the fiscal year ended Jan 31, 2022, to be paid on April 29, 2022 with the entitlement date on April 15, 2022.
The board also recommended a final single tier dividend of 0.75 sen per share payable on a date to be determined, subject to obtaining shareholders' approval at the forthcoming 10th Annual General Meeting of the company to be convened, it said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....