CIMB Research expects Selangor water assets issue to be resolved


KUALA LUMPUR: CIMB Equities Research advises investors to remain invested in Puncak Niaga, mainly due to the special dividends appeal, which translates to 38% in dividend yield (RM1 a share).

It said on Wednesday the dividend is likely to be paid out in 2H15, assuming that the deal involving the ownership of water assets is completed by 2Q15.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
Shedding light on power sector prospects
EQ expands to Thailand

Others Also Read