OG: Olivia received >$60m in dividends when hyflux losses $115m
#21
Don't get it. Why pay dividends when the company is losing money and the outlook is poor? The board of directors will approve?

It is not even liquidating of her shares, its paying dividends!

Definition of Dividends according to Wikipedia:

1. a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).
Just saying...
[+] 2 users Like toothpick's post
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#22
Board of Directors and independent directors performing their duties ?
Auditors no raise red flag the dire financial situation co was in?
All Kooning?
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#23
For share investment if declared dividend, all shareholders got it.....not only she mah, approval in AGM too!! it is legal take money....share price down her assets also down...
loser loser loser
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#24
you can't touch them legally. dividend are paid after shareholders approve it at AGM.

only pray she will not dishonour God.
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#25
Don't understand the complain. I doubt even if the company didn't pay any dividend, the 100+ million saved will not be enough to save the company if their business model is shxt. In fact the dividends paid to shareholders over the years probably reduces their losses. Laughing
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#26
With her riches she probably lives in a GCB in prime residential area.
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#27
many sour grapes.

Nobody are so stupid NOT to protect yourself.
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#28
LOOK GOOD ON OUTSIDE
ROTTEN TO THE CORE INSIDE
http://slang.org/FOOK-meaning-definition
The most popular meaning of FOOK is: F uck

Vigilante uncle Placebo got to put wendy chan in her place coz he is afraid of an old, ugly bit@h witch...scared + jealous of what?
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#29
in SG, the elites will be forever rich....
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#30
pity shareholders, preference shareholders and holders of perpetual securities, they will get almost next to nothing back. The hope they have maybe false hope.
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