PETALING JAYA: Pacific & Orient Bhd (P&O) is planning to pay out only RM37mil in special dividends to shareholders from the total RM270mil it will receive from the sale of its insurance business. This works out to around 15 sen per share.
Since the announcement of the sale of its insurance business to South African financial group Sanlam Emerging Markets Proprietary Ltd in December 2012, P&O shares have generally been trending upwards.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!