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Singapore Medical Group halves final dividend to conserve cash amid Covid-19 pandemic

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Annabeth Leow

Annabeth Leow

Published Fri, May 15, 2020 · 09:50 PM

Singapore

CATALIST-LISTED Singapore Medical Group has halved the final dividend that the board had proposed in February, citing a need to save cash amid the corona-virus pandemic.

The board now intends to pay out 0.4 Singapore cent a share, subject to shareholders' approval at an upcoming general meeting, according to a bourse filing on Friday evening.

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