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Topmix Bhd has appointed Laubros Holdings (M) Sdn Bhd to build a single-storey warehouse with a three-storey office and ancillary facilities on its land in Senai, Johor, for RM8.67 million to increase demand for rising business activities.
The project will be funded through a mix of internally generated funds or bank borrowings, or a combination of both, with completion targeted within 14 months once approvals are secured.
Topmix said the construction will not have a material effect on its earnings, net assets or gearing for the financial year ending Dec 31.
I checked, and they don’t have a formal dividend policy. But from their past payouts, it looks like they’ll still give dividends to reward shareholders when they’re making good profits
Topmix is targeting double-digit growth in FY25 due to strong demand for its products and services in the local market. There could still be more upside ahead