Datapulse board questions feasibility of proposed 20-cent interim dividend, calls it a 'self-serving ploy'

SINGAPORE (Apr 15): The board of Datapulse Technology has issued a critical response to the proposed 20-cent payout by a rival faction of shareholders, viewing the move as an eleventh-hour manoeuvre to solicit support at its coming EGM, and a self-serving one.

To recap, The Edge Singapore reported on Friday that the dissenting faction of Datapulse shareholders – led by Ng Bie Tjin @ Djuniarti Intan (Intan Ng) – want to pay an interim dividend of 20 cents and another 12 cents via a capital reduction, provided that they are given the vote to form the board.

See: Datapulse shareholder Intan Ng maintains 20 cent interim dividend plan

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