OTHERS JcbNext Berhad ("JcbNext" or the "Company") - Proposed Final Single Tier Dividend
|Description||JcbNext Berhad ("JcbNext" or the "Company") - Proposed Final Single Tier Dividend|
The Board of Directors of the Company has proposed a final single tier dividend of 4 sen per ordinary share for the financial year ended 31 December 2018, subject to the shareholders' approval at the forthcoming Fifteenth Annual General Meeting of the Company. The entitlement and payment dates in respect thereof will be announced at a later date.
The rate of the proposed final single tier dividend is lower by 0.5 sen per ordinary share compared to the final dividend distributed in the financial year ended 31 December 2017. The proposed dividend is in line with the free cash flow of the Company and its subsidiaries for the financial year ended 31 December 2018.
This announcement is dated 24 April 2019.