24 KEYFIELD INTERNATIONAL BERHAD 202001038989 (1395310-M) GROUP CEO’S MESSAGE (cont’d) EXCEEDING OUR TARGET DIVIDEND PAYOUT RATIO We had, in our IPO prospectus dated 26 March 2024, stated that we target a dividend payout ratio of at least 20.0% of our consolidated PATAMI for each financial year, taking into account the working capital, maintenance capital and committed capital requirements of our Group. I am pleased to inform our shareholders that for FYE 2024, we had declared a total of 11.0 sen per share in dividends, representing a payout ratio of 38.9% of FYE 2024’s PATAMI, close to double our initial target. This means that we have returned RM88.3 million in total dividends, or close to half of the gross IPO proceeds, in less than one year since we were listed on Bursa Securities. This was achieved while maintaining robust financial health and net zero gearing at the end of FYE 2024. We remain committed to creating shareholder value both through the dynamic growth of our business as well as sustainable and generous dividend payouts. ACKNOWLEDGEMENTS On behalf of the Board, Management and employees of Keyfield, I would like to extend our heartfelt gratitude to all our esteemed shareholders, valued customers, suppliers, business associates, and service providers for your continued trust and support. I am also most grateful to the Chairperson and the Board for their unwavering support and invaluable guidance during the year. My sincere appreciation also goes to the Management team and employees, who worked above and beyond the call of duty to deliver a successful IPO while also maintaining focus on our daily operations and business activities. Last but not least, I extend my sincere thanks to our crew members for their hard work, commitment, and dedication, which have been essential to the success and safety of our vessel operations. Dato’ Kee Chit Huei Executive Director / Group CEO
RkJQdWJsaXNoZXIy NDgzMzc=