SBB sunbridge group limited

Update Report to Shareholders by CEO., page-6

  1. 1,247 Posts.
    The company has made statements about its intention to possibly pay 25% of profits in dividends. Given that Sunbridge did not pay a dividend this year, what is the company's intention in this regard in the future?

    "The Board appreciates that some shareholders have been disappointed by this decision, and as one of Sunbridge’s largest shareholders, I would naturally like to see all shareholders rewarded with dividends, and this is our objective for the future.

    Board has determined that in the current market it is important that we pursue growth opportunities over paying dividends in the shorter term."
 
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Currently unlisted public company.

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