The current CPO price trading at approximately RM3,800 to RM4,000 per MT (net of export levy and duty) in Indonesia, augurs well for our Plantation Division RM3,800 to RM4,000 per MT For FY2024, a first interim dividend of 4 sen per ordinary share, totalling approximately RM23.1 million, was declared on 28 November 2024 and paid on 10 January 2025 RM23.1 million For FY2024, a first interim dividend of 4 sen per ordinary share, totalling approximately RM23.1 million, was declared on 28 November 2024 and paid on 10 January 2025. This dividend distribution represents around 30.3% of the Group’s net profit attributable to owners of the parent. Malaysia’s gross domestic product (GDP) is expected to grow within the range of 4.5% to 5.5% in 2025 after registering a 5.2% growth for the first nine months of 2024, to be driven by favourable labour market conditions, investment projects, domestic consumption and tourism. Chairman’s Statement We are confident that our strategy of offering affordable housing in prime locations with TOD concept will continue to receive strong demand. We are optimistic that CPO price will remain well supported in 2025 due to ongoing strong demand for palm oil and tighter global supply with the current CPO price trading at approximately RM3,800 to RM4,000 per MT (net of export levy and duty) in Indonesia, which augurs well for our Plantation Division. MKH Bowling Tournament 2024, being part of our Company’s initiative to foster engagement and active lifestyle among colleagues PG. 32 MKH BERHAD ANNUAL REPORT 2024 Laying The Foundation of Excellence Where People Matter Guided by Leadership, Inspired by People Delivering Value That Matters to People
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