Wednesday, August 3, 2011

MNRB rises on dividend plan

KUALA LUMPUR: MNRB HOLDINGS BHD [] shares advanced in early trade on Wednesday, Aug 3 after its board of directors agreed to recommend the payment of the first and final Dividend of 20% less 25% income tax for the financial period ended March 31, 2011 to be paid on a date to be announced later.

At 9.25am, MNRB was up five sen to RM2.90 with 268,200 shares done.

The proposal is subject to shareholders' approval at the 38th AGM.

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