Dividend payouts up to companies' boards of directors, says Liew - News Summed Up

Dividend payouts up to companies' boards of directors, says Liew


KUALA LUMPUR: it is up to a company's board of directors to decide if dividends are paid out, says Deputy Finance Minister Liew Chin Tong. According to the AG's report, there is no regulation that compels government companies to pay dividends if they are profitable and solvent. For Cenviro Sdn Bhd and Cradle Fund Sdn Bhd (CFSB), the decision not to pay dividends was in line with their respective dividend policies and actual cash positions. "Meanwhile, Sirim Calibration Sdn Bhd and Sirim Academy Sdn Bhd deferred dividends during a phase of financial recovery and asset reinvestment. For the financial year 2023, Sirim Academy returned to stability and declared dividends with Board approval," he said.


Source: The Star February 24, 2026 20:31 UTC



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