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China Aviation Oil boosts dividend on the back of record FY16 earnings

Friday, February 24, 2017 - 05:50

Singapore

MAINBOARD-LISTED jet fuel supplier China Aviation Oil (CAO) raised its dividend payout as it reported a milestone year with profit hitting a new high.

The company has proposed a final dividend of 4.5 Singapore cents per share for the year ended Dec 31, 2016, up from three

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