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Best World
22-06-2020, 08:38 AM.
Post: #1041
Rainbow  Q&A before today eAGM: Best World
22 June 2020 Q&A for today eAGM BWL

Q28 on dividend
In view of the indefinite and prolonged disruption caused by the Covid-19 outbreak in all the markets that the Group operate in, the Board has decided to suspend the dividend policy for FY2019 and not declare a final dividend for FY2019 as a prudent move to conserve cash in the face of heightened economic volatility and business uncertainty.
The build-up of our cash buffer will also allow the Group to capitalise on any opportunities that may arise in such turbulent times.

Q29 on resuming trade
The trading suspension will only be lifted after we have submitted a trading resumption proposal to and upon fulfilment of the conditions required by SGX RegCo, including the finalisation and issuance of the Group's audited financial statements for FY2018 and FY2019, and SGX RegCo indicating that it has no objections to the resumption proposal.

Reminder to attend eAGM on Monday, 22 June 2020@10am

Stay home and stay safe, valuebuddies.

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