Bintulu Port names Mohammad Medan as new CEO, plans 6 sen dividend - News Summed Up

Bintulu Port names Mohammad Medan as new CEO, plans 6 sen dividend


Mohammad Medan's appointment was made via a letter from the Minister of Finance Inc dated Feb 14. The note filed with Bursa said the better revenue was mainly from LNG, alumina, general cargo and ferro-alloy cargoes. The directors recommended a final single tier dividend of 6 sen per share, which amounted to RM27.6 million, subject to the approval of shareholders. The handling of LNG vessels calls and cargoes will still be Bintulu Port's main revenue contributor. At 3.28pm, Bintulu Port rose 5 sen or 0.81% to RM6.20, giving it a market capitalisation of RM2.85 billion.


Source: The Edge Markets February 27, 2017 08:03 UTC



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