ADS
mk-logo
News
Dividend payout to govt based on affordability - Petronas

Petronas has announced that its dividend payment to the government will be decided based on its affordability.

Its chief executive officer Tengku Muhammad Taufik Tengku Aziz said Petronas has been asked to pay between RM35 billion and RM40 billion dividend this year but the amount would be finalised after the group’s due diligence exercise which would take into account its debt and investments obligations.


Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Already subscribed? Sign In

Unlock 7 stories for free

By submitting my information, I am agreeing to the terms and conditions

or
Subscribe Now to Enjoy Unlimited Access
View Comments
ADS
ADS
ADS