Larry Lim

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Joined Aug 2021

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Investors are selling because the dividend has been reduced to 2c. And that's because they've shifted focus to growth - which they've stated clearly in their AR. Their FCF, which they're paying dividends from, has been reduced due to the CAPEX for the Sg Rasau project and will continue until Q1 of 2027. It's actually a great time to collect because it's at a multi-year low.
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