Apr 2, 2010

TELEKOM CONSIDER RAISING DIVIDEND

TM: May consider raising dividend after FY10 Telekom Malaysia Bhd may consider raising its dividend payout after the current financial year ending 31 Dec 2010 as its capital expenditure for the high speed broadband project will peak this year, said CEO Datuk Zamzamzairani Mohd Isa. TM was likely to maintain its dividend policy for FY10 and the group would focus on rolling out its HSBB before determining whether or not to revise the dividend policy. “Going forward, we will look at how we can balance the interest of our shareholders and our working capital requirement,” he said. (Financial Daily)