The invitation to the virtual briefing at 3.30pm on Thursday (May 26), issued via a filing with Bursa Malaysia, is extended to “all shareholders and interested parties”. It also has a packaging business under which it manufactures printed labels and stickers, paper bags and flexible packaging products for various industries. MFCB is also conserving cash for potential merger and acquisition opportunities in the future, the two research houses said. It paid out 6.75 sen dividends for FY21, up from 6.25 sen for FY20. Shares in MFCB were three sen or 0.8% higher at RM3.77 at the time of writing on Wednesday, giving it a market capitalisation of RM3.73 billion.

Source: The Edge Markets May 25, 2022 14:16 UTC