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Dividend (a) Any dividend recommended/declared for the current financial period reported on? Name of dividend Final Dividend type
Cash Dividend amount per share (S$&rsquo cents) 0.50 Tax rate Tax exempt
The final dividend is subject to shareholders&rsquo approval at the forthcoming annual general meeting of the Company.
Cash Dividend amount per share (S$&rsquo cents) 0.50 Tax rate Tax exempt
The final dividend is subject to shareholders&rsquo approval at the forthcoming annual general meeting of the Company.
shopper360 to invest RM2.4m in Malaysia' s PB Grocery Group
MALAYSIAN marketing company shopper360 Limited, through its wholly-owned subsidiary shopper360 Sdn Bhd, has proposed an investment of RM2.4 million (S$781,000) in PB Grocery Group. The sum will be in exchange for 152,356 new shares, or 8 per cent of the company' s total issued shares.
PB Grocery Group is the owner of Potboy, an e-commerce grocery platform which links fast-moving consumer goods (FMCG) companies with eateries and provision shops in Klang Valley and Seremban.
The grocery group will be using part of the funds to purchase a landed property for its operating warehouse, with the rest to be used as working capital for its business expansion.
The amount will be paid in two instalments and funded through shopper360' s internal resources, the company announced on Tuesday.
According to the company' s board, the investment can help shopper360' s FMCG customers grow their sales through additional distribution touchpoints provided by PB Grocery. It also foresees Potboy expanding in the near future, allowing shopper360 to later exit from its PB Grocery investment with a positive rate of return.
shopper360&rsquo s investment in PB Grocery is the second time this month that a Singapore-listed company has proposed an investment into Malaysia&rsquo s grocery market.
Earlier in the month, Catalyst-listed Mercurius Capital Investment announced a proposed acquisition of 10 groceries businesses in Malaysia for S$36 million.
The announcement came after the company released its independent auditor' s report containing a disclaimer of opinion highlighting losses and significant liabilities which " cast doubt" on the group' s ability to continue as a going concern.
Shopper+ embraces Singapore&rsquo s vibrant retail culture and trends to provide Omnichannel media solutions that support full 360 brand engagements.
With our partner network of NTUC FairPrice hypermarkets, we help you drive sales through total brand visibility and awareness.
Our creative services ensure effective and seamless digital to in-store communications, driving brand affinity and repeat purchases among your consumers.
Our clients include Burger King, Spotify and Universal Music.
Reach the hearts and minds of your consumers with creative media and shopper marketing solutions. Call us for a consultation today.
contra all taken out... time to rebound...
Msport ( Date: 18-Jul-2017 13:27) Posted:
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turning up?
temperamental. not very stable. not sure when is the actual collection can be even further and more prolonged. wait and see first.
Msport ( Date: 17-Jul-2017 08:45) Posted:
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quiet down... collecting for next run?