SUBSCRIBERS
Singtel shareholders okay scrip payouts
Annabeth Leow
Published Thu, Jul 30, 2020 · 09:50 PM
Singapore
SHAREHOLDERS of mainboard-listed telco Singtel can now be paid in shares instead of cash, after a successful vote to include a scrip dividend scheme in the company constitution.
The amendment was passed at an annual general meeting on Thursday, even as the Covid-19 pandemic hung over the group's business outlook.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.