The Star·4 min read·hard
Dividend windfall for LPI Capital shareholders
T
The Star Online
✦AI Summary
LPI Capital Bhd plans to distribute significant special dividends to shareholders following the divestment of its stake in Public Bank. The company is also reinvesting a portion of the proceeds into blue-chip stocks to maintain dividend yields.
PETALING JAYA: LPI Capital Bhd is expected to distribute around RM737mil of special dividends to shareholders in the financial year ending Dec 31, 2026 (FY26) and FY27 after the sale of the company’s entire 1.13% stake in Public Bank, BIMB Research says.
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