The company plans to pay a special dividend of 5 cents per share, on top of a first and final dividend of 15 cents.
UOL Group has reported a 44% jump in its FY2023 earnings, thanks partly to a one-off gain from the sale of the former Parkroyal Hotel.
For the year ended Dec 2023, the company reported earnings of $707.7 million, with $442.3 million of that from the gains recognised from the sale of the hotel along Kitchener Road.
