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Bonvests revokes proposed dividends, implements pay cut to sustain operations

Published Wed, Mar 25, 2020 · 09:50 PM
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Singapore

BONVESTS Holdings announced on Wednesday that it will revoke its proposed dividend of one Singapore cent per share for the financial year ended Dec 31, 2019 on the back of the negative impact of the Covid-19 outbreak on its business.

The proposed dividend was previously announced on March 2 and is subject to shareholders' approval at the ann…

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