Dividend Policy and Payments

The Dividend Policy of The Company

The Company pays dividend at least 50% of net income. However, payment of dividend is dependent on operating results, business plans, liquidity, necessity and other future obligations or commitments. Decisions regarding dividend payment is to be made by the Board of the Company by taking into consideration the best interest of its shareholders.

The Dividend Policy of Subsidiaries

The Company’s subsidiary pays dividend at least 50% of net income. However, payment of dividend is dependent on operating results, business plans, liquidity, necessity and other future obligations or commitments. Decisions regarding dividend payment is to be made by the Board of the Company by taking into consideration the best interest of its shareholders.