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09-06-2015, 09:44 PM
CMZ does it again this year, with interim dividend of 6.43cts declared just months before full year closes.
http://infopub.sgx.com/FileOpen/CMZ%20-%...eID=355248
The timing is similar to last year. With a pending Mgt G.O, it makes little sense for Mgt to want to declare this dividend unless the G.O wouldnt be going through.
Else, their Indonesian Towkay could just be hard up for cash again but the timing is interesting (earlier, i read that the rupiah is seasonally weak during this period as Indonesian companies repay their foreign liabilities)
http://infopub.sgx.com/FileOpen/CMZ%20-%...eID=355248
The timing is similar to last year. With a pending Mgt G.O, it makes little sense for Mgt to want to declare this dividend unless the G.O wouldnt be going through.
Else, their Indonesian Towkay could just be hard up for cash again but the timing is interesting (earlier, i read that the rupiah is seasonally weak during this period as Indonesian companies repay their foreign liabilities)
(02-07-2014, 06:59 PM)greengiraffe Wrote: No choice liao got to extract as much cash as possible to recoup expensive investment
(02-07-2014, 06:48 PM)Nick Wrote: Declares interim dividend of 4.19 SG cents.
http://infopub.sgx.com/FileOpen/declarat...eID=303927
(Not Vested)