INVESTOR RELATIONS
Transparency is not only a requirement of good corporate governance; it is the foundation of trust between management and shareholders. Country Group Development has a policy of providing clear and effective shareholder communications that aim to keep our investors well informed and fully engaged with data and decisions that create the basis of our operations.
Our investor relations communications detail our performance and key financial data as well as company information of interest to stakeholders from the investor community and other interested parties. At Country Group Development, we believe that the more you know about what we’re doing and why, the more confidence you’ll have in us.
A FOUNDATION OF
INTEGRITY AND
TRANSPARENCY
Dividend Information
The Company has dividend payout ratio of at least 50% of net profit of the Company only (unconsolidated basis) in which net profit is after deducting corporate tax, legal reserve and other reserves. However, the Company may pay dividend less than mentioned above if necessity i.e. more working capital required, aggressive expansion plan, or else. The Board resolution on dividend payment is needed to propose to shareholders’ meeting for approval, except interim dividend in which Board can go ahead and report to shareholders later.
Company’s subsidiaries also has dividend payout ratio of at least 50% of net profit after deducting corporate tax, legal reserve and other reserves. There are another four factors, cash flow analysis, financial status, liquidity and expansion plan, taking into account on how much dividend to pay.
