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The company successfully divested its 220.3 million shares in Public Bank on May 21, 2026, for gross proceeds of RM1.05bil, with 70.17% of sale proceeds set to be disbursed as special dividend payments progressively over 18 months from the date of receipt.
After revising its assumptions, the research house anticipates that approximately 75% of the 186 sen special dividends arising from the disposal will be distributed in FY26, with the remainder paid in FY27.
