DIVIDEND POLICY

The company has adopted a profits plough back policy to ensure sustainable growth of the company, therefore the Company’s ability to pay dividends or make other form of distributions to the shareholders will depend upon a number of factors, including but not limited to the following:

1. The financial position including cash flow and liquidity position, gearing and surplus of the group;
2. The expected financial performance including profitability condition of the group;
3. The availability of the working capital including funds allocation for capital expenditures and future investments plans of the group; and
4.  The existing and future debt obligations and interest expenses of the group.

The dividends will be paid out of cash generated from the group's operations after setting aside the necessary funding for capital expenditures, working capital requirements and other considerations as stated in point 1 to 4 above.

As part of this dividend policy, the company targets a dividend payout ratio of not less than twenty percent (20.00%) of the consolidated profit attributable to the Company's equity holders under the guidelines of CIFRS. Investors should note that this dividend policy describes the company’s present intention and shall not constitute legally binding statements in respect to the company's future dividends that are subject to modification (including non-declaration thereof) at the Board of Directors’ discretion and inference should be made from any of the foregoing statements as to the actual future profitability or the company’s ability to pay dividends in the future.

Information on dividend distribution for the last 5 years