Meanwhile, we will continue to build expertise in various maritime sectors, leveraging on our strong balance sheet to be on the lookout for additional suitable vessels to support our business growth and our longer-term objective of increasing non-oil and gas sector to contribute up to 20.0% of our total revenue. We will balance our pursuit of long-term growth with the necessary actions to address near-term business and operational requirements. With our strong balance sheet and relatively young fleet equipped with various technical specifications to cater to various customers’ needs, we are able to capitalise on any upsurge in demand. We remain steadfast in our commitment to manage our fleet and operations in a prudent and careful manner, remaining vigilant to the challenges of the ever-changing business environment which we operate in and beyond. By doing so, we will enhance shareholder value and returns, even as there is a drop in our quarterly and annual results due to external macro factors which have affected us. We remain mindful of macroeconomic and geopolitical developments, including evolving global trade policies and tariff measures, global oil prices which could be impacted by OPEC production decisions or global economic outlook, wars and conflicts, which could affect upstream activity levels in the markets which we serve and could affect our operating environment. We will continue to monitor these developments closely and assess any potential implications for our business. Looking ahead, we remain positive on our long-term prospects. We are committed to capitalising on emerging business opportunities while managing our fleet and operations prudently and carefully, remaining vigilant to challenges in the evolving business environment. We are also exploring opportunities to diversify our customer base beyond the oil and gas sector and expand our regional footprint beyond Malaysia. FUTURE OUTLOOK AND PROSPECTS (CONT’D) DIVIDEND As disclosed in our 2024 prospectus, we target to distribute at least 20.0% of our PAT attributable to the owners of our Company for each financial year on a consolidated basis, after taking into consideration the working capital, maintenance capital and committed capital requirements of our Group. The declaration and payments of dividends are at the discretion of our Board, subject to the requirements of applicable laws, licence conditions and contractual obligations and provided that such distribution will not be detrimental to our Group’s cash requirements or any plans approved by our Board. For FYE 2025, the Board declared 4 interim single-tier dividends, amounting to a total of 9.0 sen per ordinary share, with an aggregate payout of RM72.6 million. This translates to a dividend payout ratio of 51.0% for the financial year, exceeding our target payout ratio of 20.0%. The details of the dividends declared in respect of FYE 2025 are tabled below: - In addition to the above, on 25 February 2026, the Board declared a special single-tier dividend of 2.0 sen per ordinary share to reward shareholders following the successful disposal of Keyfield Compassion, amounting to approximately RM16.1 million and payable on 27 March 2026. As this special dividend is declared in respect of FYE 2026, it is not included in the FYE 2025 dividend payout ratio calculation above. It is the intention of the Board to maintain a dividend payout that commensurate with our financial position and balance the need to retain cash resources for future expansion and to reward shareholders. Declaration Date Dividend per Share (Sen) Payment Date Total Dividend Declared (RM’mil) 1st interim 15 May 2025 1.0 13 Jun 2025 8.1 2nd interim 14 Aug 2025 3.0 22 Sep 2025 24.2 3rd interim 13 Nov 2025 2.0 11 Dec 2025 16.1 4th interim 25 Feb 2026 3.0 27 Mar 2026 24.2 Total 9.0 72.6 33 Annual Report 2025
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