China Merchant Pacific Holdings (CMHP) declares a SG$0.035 dividends per share and its maiden results with their new toll road Jiurui expressway.
Outstanding no of shares: 1050 mil
Fully diluted no of shares: 1200 mil
Current share price: SG$ 1.06
Current dividend per share: SG$0.07 (6.6% dividend yield)
SGD to HKD: 5.69
SGD to RMB: 4.59
CMHP fourth quarter results: link
CMHP fourth quarter presentation: link
CMHP fourth quarter toll road statistics: link
CMHP bonus issue announcement: link
I will not go into the background of the company but for interested folks can refer to past write-ups consolidated at the summary section below.
The yearly results look good in part due to much one off activities or activities that will not always be long standing. Gross results from Yongtaiwen expressway, Beilun expressway and Jiurui expressway result in a 70 ......