Friday, March 25, 2011

SEGi up on 50% dividend policy

KUALA LUMPUR: SEG INTERNATIONAL BHD [] shares rose in early trade on Friday, March 25 after it set a dividend policy to distribute a minimum of 50% of the group net profits to its shareholders, with effect from the financial year ending Dec 31, 2011.

At 9.15am, SEGi was up one sen to RM3.47 with 119,00 shares done.

SEGi said the board''believes that the dividend payout of a minimum of 50% of its net profits is within the group's financial capability considering its future earnings growth.

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