Shareholders of Apex Equity Holdings Bhd. rejected the company's proposed dividend for the 2017 full year.
As a result, the company canceled its plan to pay a cash dividend of 2 Malaysian sen per share for 2017.
The proposed dividend for 2017 was lower than the prior-year dividend of 5 sen per share.
As of May 28, US$1 was equivalent to 3.98 Malaysian ringgit.
