special dividend

The special distribution is expected to be paid on Oct 7.

OUE announces special dividend for 60th anniversary; FY2023 net profit falls 57%

Cortina plans to pay a total dividend of 16 cents for FY2023, one cent more than FY2022's 15 cents

The divestment is expected to unlock value and reduce the REIT’s gearing.

SINGAPORE (Apr 15): On April 4, Uni-Asia Group raised $5.85 million through the issue of 5.42 million shares at $1.08 apiece. The placees are entitled to a dividend per share of 6.25 cents and a special dividend of 0.75 cent announced on March 1 for FY201

SINGAPORE (Dec 17): Maybank Kim Eng is maintaining its “buy” call on NetLink NBN Trust with an unchanged price target of 93 cents, post a reverse roadshow that left the brokerage’s positive view on the stock intact.  

SINGAPORE (Mar 12): Malaysia-based furniture maker LY Corp today posted a full year profit of RM51.2 million ($17.3 million) for FY17, up 17.8% from RM43.5 million in FY16 on higher sales.

SINGAPORE (Jan 24): Datapulse Technology says it expects an approximate gain of $44.6 million from its disposal of its industrial property at 15A Tai Seng Drive, and that it intends to reward its shareholders with a special dividend of 1 cent per share.

SINGAPORE (Nov 13): CIMB Research is maintaining its “add” call on UMS Holdings while raising its target price to $1.21 from $1.13, as it increases its P/BV multiple to 2.88 times versus 2.8 times previously on higher ROEs.

SINGAPORE (Nov 14): RHB Research has maintained its “buy” rating on Silverlake Axis, even after the group’s special dividend from its sale of Global InfoTech (GIT) is expected to be delayed to 2QFY17.