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Money goes alot to IT segment. They also said they spend a lot to revitalize Bank Islam Digital banking. 14 million increase in IT spending alone, plus all the new it guys salary . can read salary for employee went up 33.5 million. this alone is the reason of the result. read pg 31 ans 32 of qr report.
if you want to play as dividend investor ..i highly recommend use your own direct cds account..affin hwang got some cheap option.. the dividend will got into your bank account on the same day around lunch hour.
cannot say too good...but they are able to sale non productive asset at reasonable price..plus dpu is only affected 0.03 compare to last year even taking consideration the enlarged share number ..hope the new capital can pair down high interest loan or get new productive property.
if you use direct cds account...you will get the dividend by directly transfered to your bank account(if you setup for e dividend). if you use nominne account the money will get late...depend on your broker. for moomoo gotten already on 13 january.
