tss
2021-06-08

$QAF LIMITED(Q01.SI)$

QAF to pay out 2 S-cent special dividend with sale of Australian pork business

https://www.businesstimes.com.sg/companies-markets/qaf-to-pay-out-2-s-cent-special-dividend-with-sale-of-australian-pork-business

BREAD specialist QAF is set to reward shareholders with a special dividend of two Singapore cents per share, upon completing the planned sale of its Australian pork business, which will result in estimated proceeds of A$148.1 million (S$151.8 million).

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Comments

  • Dawang
    2021-06-09
    Dawang
    Finally, selling off to focus on core business
    • tss
      it's been long overdue
  • MySGX
    2021-08-27
    MySGX
    Why do you think selling off the pork business is better? Any one enlighten me?
    • tss
      one reason is that there is no pricing power on the pork price, it's all depends on supply and demand. another is the risk of the disease if the pigs are infected of any then losses could be high
  • luluu
    2021-06-09
    luluu
    Great news! Without the pork biz, less volatility in stock price
  • rinl
    2021-06-09
    rinl
    [微笑] good
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