DiGi.Com Bhd's capital distribution announcement came as no surprise to the investment community and was welcomed as a timely initiative.
The company's management had previously indicated that it would undertake capital management initiatives to reward shareholders, who had bought into the strong dividend-yielding stock, in anticipation that its earnings for the next three financial years will be impacted from accelerated depreciation charges related to existing equipment as the company commenced its network modernisation programme.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
