Radium Development Interim Dividend
Radium Development Bhd, a leading property developer in the Klang Valley, declares its first single-tier interim dividend following strong financial performance.
The dividend of 1.00 sen per ordinary share reflects robust financial standing, with an unaudited profit before tax of RM19.80 million for FYE2023 and a low gross gearing ratio of 0.05 times.
Strategic achievements include successful land acquisitions and project launches, demonstrating market confidence.
Government support and sustainability initiatives, such as aligning with homeownership strategies and integrating EV chargers, highlight Radium’s commitment to innovation and environmental responsibility.
The announcement underscores Radium’s capacity to deliver sustainable value to stakeholders. Datuk Gary Gan Kah Siong, Group Managing Director of Radium Development, expressed his enthusiasm stating, “Our successful financial performance and strategic investments have enabled us to not only meet our commitments but also reward our shareholders for their continued support.”
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