Anyway, lets see the Finance Act when it is gazetted. :-)

@Value Investor Coo1eo - Item 45 'The Government plans to progressively broaden the tax base with the introduction of dividend taxation at a 2% tax on dividend income exceeding 100,000 ringgit received by individual shareholders, effective from the year of assessment 2025.'

The 2% dividend tax is exempt on dividend income of RM100,000 and below. If the dividend income is RM150,000, the first RM100,000 is exempt; only the extra RM50,000 is taxed at 2%. If you have other deductible expenses / reliefs, still can deduct.

To VFTRADER, I am not sure. From my understanding, Share capital and Retained Earnings are 2 different things although they sound the same. RE should be used for paying dividends or reinvesting in the future in assets, or as a reserve to pay off debt.

To NorazmiAR, improving Financial ratios is the most "noticeable" impact ~~ Of course, there are reasons behind this. Still, the public may not be informed because it may relate to the Company's plan for the future, forecast and etc.
The number of shares in the stock market may also be reduced as well.

analysis backed with theory and applies to real cases. Nice piece!

Announced interim dividend. Any comments?