The Board of Directors (“Board”) of Amway (Malaysia) Holdings Berhad (“Company”) is pleased to announce, in light of the Group’s continuous cash generating ability and better visibility on capital expenditure, that from the financial year 2012 and subject to any applicable laws, the Company intends to adopt a dividend payout ratio of no less than 80% of the Company’s current year net earnings. The dividends approved by the Board are intended to be paid on a quarterly basis.
The Company will maintain this dividend policy subject to, amongst others, cash and distributable reserves available for the dividend payout. The actual amount, mode and date of dividend payment is dependent on the Company’s level of cash and retained earnings, business operations, financial performance, prospects, capital expenditure, current and expected obligations and such other matters as the Board may deem relevant from time to time.
The Board will reassess this dividend policy on an ongoing basis to ensure efficient distribution of dividends to shareholders and to ensure that the Company’s dividend payment will continue to reflect the Group’s underlying financial performance. Shareholders should note that this dividend policy describes the Company’s present intention and shall not constitute legally binding obligations with respect to the Company’s dividends which may be subject to modifications at the Board’s discretion.
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发表于 19-2-2012 04:16 PM
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