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Home  >>   Daily News  >>Cambodia>>Capital Markets>>PPAP vows to pay 5% dividend yield on profits
NEWS UPDATES Asean Affairs     December 9,  2016  





PPAP vows to pay 5% dividend yield on profits

Phnom Penh Autonomous Port (PPAP), the capital’s listed river port operator, will be able to make its guaranteed minimum payment of 5 percent dividend yield based on estimated profits for this year, it announced yesterday in a filing to the Cambodian Securities Exchange (CSX). The total dividend payout will amount to approximately 1 billion riel ($264,200) and will be released to shareholders during the first quarter of next year. PPAP raised $5.2 million in an initial public offering in December 2015, and has promised its private shareholders a 5 percent dividend yield on the initial share price of 5,120 riel ($1.26) annually for five years. The distribution will include a one-tenth cash dividend carried over from 2015.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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