Any dividend to be announced is usually 3 cents plus minus 0.5 and payable in Sept based on records. Hopefully good news when glove production starts this month without any hitches.
Annoucement date: 25 Feb 2021 Quarterly rpt on consolidated results for the financial period ended 31/12/2020
The Board of Directors has proposed a first and final single-tier dividend of 1.66 sen per ordinary share (2019: 3.35 sen per ordinary share) in respect of the financial year ended 31 December 2020, which is subject to the approval of the shareholders of the Company at the forthcoming Annual General Meeting.
Mah Sing’s Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum said, “Similar to our property development’s fast-turnaround business model, we are fast-tracking our diversification into gloves. Our first glove factory ready, and is ultra- long to accommodate modern, high speed machines which can run at a speed of 38,000 pieces of gloves per production line per hour. The factory also has a suitable roof height to house these mega machines. We have also secured supply of both Nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet demand of our customers. We are targeting production by as early as April 2021
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Imnoobonly
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Posted by Imnoobonly > 2021-04-08 15:13 | Report Abuse
Come on star tortoise.... Break 90c today...