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IGB 2Q net profit falls 17.1%, pays 5 sen dividend

The recognition of an employee benefit expense of about RM11 million arising from the granting of option shares to eligible employees under an Executives Share Option Scheme also eroded its earnings, the group said in a filing with Bursa Malaysia today.

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Sunway declares special cash dividend of 26 sen

Sunway said the special cash dividend arose from the proceeds raised from the offer for sale of 398.71 million Sunway Construction Group Bhd (SunCon) shares offered by Sun Holdings, in conjunction with the listing on July 28 this year, after setting aside for listing expenses and working capital.

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