Dolomite to sell quarry unit to Sunway for RM125m

KUALA LUMPUR (June 4): Dolomite Corp Bhd’s wholly-owned subsidiary Dolomite Industries Co Sdn Bhd (DICSB) has entered into a share sale agreement with Sunway Holdings Sdn Bhd (SHSB), for the proposed sale of its entire equity interest in Dolomite Granite Quarry Sdn Bhd (DGQSB) for RM125 million.

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Sunway Construction Group sets dividend policy of 35%

PETALING JAYA (June 29): Sunway Construction Group Bhd (SCG) has set a dividend policy of paying out 35% of its annual core profit once it has been listed to enable its shareholders “to participate in the group’s profit”, according to its prospectus of its initial public offer.

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