HSL to pay out record dividend

27 February 2013

KUCHING (Wednesday): Sarawak-based infrastructure specialist Hock Seng Lee Berhad (HSL) has enjoyed another successful year in 2012, prompting the Board to propose the highest ever dividend payout since its listing in 1996.

HSL’s Chairman Dato’ Haji Idris Bin Buang said thatfollowing another twelve month period of major procurement wins and both earnings and revenue growth, cash dividends for 2012 would total 20 percent.

Dato’ announced that the Board has recommended a final ordinary dividend of 10 percent and, given the pleasing results, a special dividend of 3percent, pending shareholders approval at the upcoming Annual General Meeting (AGM)...more

2012 Q4 Results