Kluang Rubber declares total dividends of 6 sen

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KUALA LUMPUR (Oct 8): Kluang Rubber Co (Malaya) Bhd has proposed a special dividend of five sen per share for the financial year ended June 30, 2019 (FY19), on top of a first and final dividend of one sen.

The company said the dividends are subject to shareholders' approval at the forthcoming annual general meeting.

They will be payable on Jan 6, 2020, to shareholders whose names appear on the record of depositors at the close of business on Dec 12, 2019.

Kluang Rubber shares closed 11 sen or 3.29% higher at RM3.45, for a market capitalisation of RM225.33 million.