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Article: Kamdar reprimanded for scrapping dividend plan
- Article from:
- New Straits Times
- Article date:
- October 3, 2008
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New Straits Times
10-03-2008
Kamdar reprimanded for scrapping dividend plan
Edition: Main/Lifestyle
Section: Business Times
Type: Company
BURSA Malaysia has publicly reprimanded textile firm Kamdar Group (M) Bhd for withdrawing its proposal to pay shareholders a dividend.
Kamdar had in June this year dropped a plan to pay shareholders a proposed five per cent per share dividend for the year ended December 31 2007 after it failed to get approval from its trustees.
In a statement on Tuesday, Bursa said the company has ...