Gas Malaysia set for high dividend payout


How about attracting foreign investors, then have PETRONAS charge market rates for gas?

Dateline 2012-05-18:

Its position as the sole licensed operator and distributor of natural gas in Peninsular Malaysia and a high dividend payout policy are among factors attracting investors to Gas Malaysia Bhd.

The debt-free company, with small capital expenditure requirements for the next few years, expects to pay out as dividends its entire consolidated after tax profit for the financial year ending Dec 31, 2012.

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This entry was posted on Saturday, June 16th, 2012 at 6:00 am and is filed under investment, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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