| Minority shareholders of SAM Engineering & Equipment (M) Bhd are likely to get a bounty dividend if the company’s major shareholder decides to convert a large chunk of its loan stocks.
The company, which manufacturers parts for aeroplanes and equipment for the semiconductor industry and ultimately owned by Singapore’s Temasek Holdings (Pte) Ltd, has consistently seen its dividend pay-out grow in the last three years. According to an investor, it only makes sense for Temasek to convert the Iculs because the dividends will give it higher returns than the 4% which the loan stock pays...............................................Full Article: Source
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