DIVIDEND POLICY

HUP SENG INDUSTRIES BERHAD

TypeAnnouncement
SubjectDIVIDEND POLICY
ContentsThe Board of Directors of Hup Seng Industries Berhad wishes to announce the adoption of a dividend policy that will distribute an annual dividend payout of at least 60% of the annual profit after tax, with effect from financial year ended 31 December, 2009. This policy is formed after taking into consideration the healthy operational cash flows of the Group. The Company believes that such payout rate will better reward the shareholders and be positively received by the investors.


Announcement Info

Company NameHUP SENG INDUSTRIES BERHAD  
Stock Name HUPSENG    
Date Announced10 Nov 2009  
CategoryGeneral Announcement
Reference NoHS-091110-55599