Singapore Medical Group halves final dividend to conserve cash amid Covid-19 pandemic
Annabeth Leow
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.
TRENDING NOW
Self-claimed wealth gurus who drove Lamborghinis now made bankrupt; investors worry about their S$5m
Asia-Pacific aviation: is up really the only way?
NDR 2026: Singapore to create new Western island to support 'new generation of industries'
BYD profit rises for first time in 5 quarters on overseas growth, pointing the way out of China car slump