Logo of Phnom Penh Post newspaper Phnom Penh Post - GTI to dole out $1M in dividends to investors

GTI to dole out $1M in dividends to investors

GTI to dole out $1M in dividends to investors

Grand Twins International (GTI) will distribute a cash dividend of 4 billion riel ($1 million), or 100 riel per share, to its shareholders for its 2016 operations, the listed Taiwanese-owned garment manufacturer said in a filing to the CSX last Friday.

A dividend amounting to 18.9 percent of net income will be distributed to shareholders beginning on July 14, it said.

MOST VIEWED

  • Man arrested for fake PM endorsement

    The owner of currency exchange company GCG Asia Co Ltd was temporarily detained by the court yesterday for attempted fraud after Prime Minister Hun Sen reacted to the company using his name and pictures to allege his endorsement of the firm. Phnom Penh Municipal Court

  • Archeologists find ancient phallic statue

    An archeological team has found a metre-long tipless stone linga (penis) of the Hindu deity Shiva in the foundations of a temple in Kratie province’s historical Samphu Borak area, a former capital of the pre-Angkor Empire Chenla period. Thuy Chanthourn, the deputy director of

  • Sihanoukville authority orders structure dismantled

    The Preah Sihanouk provincial administration has ordered owners of two unauthorised construction sites to immediately dismantle them and warned of legal action if the owners failed to comply. Ly Chet Niyom, development management and construction bureau chief at the provincial hall, told The Post on

  • China steel company relocates to Cambodia

    Chinese state-owned iron and steel company China Baowu Steel Group Corp Ltd has unveiled plans to relocate its blast furnaces from Xinjiang Autonomous Region in the northwest of China to Cambodia, which will be the first overseas Baowu production plant, a Reuters report on Wednesday