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LEAVING THIS BLOG NOW...................

As I will be on a long months' holidays starting 7th July 2010 prior to my retirement in October 2010, I will suspend my service in updating my blog on daily issues or facts of interest.

I would like to thanks everyone for having the interest in surfing my blog and sharing the thoughts with me.

Thank you to everyone.

Friday, July 18, 2008

Petronas special dividend to ease people’s burden

The government will use the RM6 billion in special dividend paid by Petronas to ease the people’s burden in the wake of the recent fuel price hikes, Datuk Seri Najib Tun Razak said yesterday.

The deputy prime minister said the government would announce the measures soon.
“There will be more announcement (of the measures) to help the people,” he told reporters after launching the Malaysian Education and Career Expo 2008 and the logo for the F500 Powerboat World Championship Series at the Putra World Trade Centre here yesterday.

On Tuesday, Petronas announced a total of RM62.8 billion payment to the federal government, comprising among others RM30 billion in dividend, including the RM6 billion special dividend.

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