Mel wrote: King Wan proposed a final dividend of 1.5 cents (2013: 1.0 cents final dividend), bringing the total for FY14 to 2.0 cents.
Not that exciting without special dividend of even 0.5 cent ......
Yes, not that exciting but more to come on their Q1, so hold and enjoy.
Haha it is approximately S$24 million.
Update on the listing of Kaset Thai International Sugar Corporation Public
Company Limited -formerly known as Kaset Thai Industry Sugar Company
Limited (&ldquo KTIS&rdquo )
On 18 April 2014, KTIS received the approval from the Securities and Exchange
Commission in Thailand (" SEC" ) for listing. It has commenced trading on the Stock
Exchange of Thailand (SET) since 28 April 2014.
Based on the Sales & Purchase Agreement (&ldquo SPA&rdquo ) signed, the Group was allotted a total
of 116,318,000 shares. The Group holds approximately 3.01% of KTIS issued share
capital after the IPO.
The completion of the SPA is expected to have a material impact on the Group&rsquo s net
tangible assets and earnings per share for the current financial year ending 31 March
2015. The net gain accruing from the completion of the SPA is approximately S$24 million
and will be recognized in the first quarter ending 30 June 2014.