The Board of Directors of CMSB is pleased to announce that the Company has adopted an indicative dividend policy and endeavours to distribute a minimum of 30% of its consolidated profit after tax and minority interests annually to shareholders or subject to a minimum of at least 5 sen per share with effect from the financial year ending 31 December 2012.
The Company will maintain the payment in the future subject to:
1) level of available cash and cash equivalents;
2) return on equity and retained earnings; and
3) projected levels of capital expenditure and other investment plans
This announcement is dated 28 February 2012.