Risda smallholders to get bigger dividend payout, totalling RM42.7 mil

PUTRAJAYA: The Rubber Industry Smallholders Development Authority (Risda) has announced a dividend payout totalling RM42.7 mil for 2019, to be disbursed to 31,436 smallholders nationwide.

In a statement today, Rural Development Minister, Datuk Dr Abd Latiff Ahmad said that of the total, RM12.8 mil would be paid to 16,080 participants of the New Cluster Planting Programme (RTBB) while RM29.9 mil would be distributed to 15,356 participants under the Commercial Replanting Scheme (TSK).

He said the dividend payout for 2019 had increased by 3.5% from that in 2018, following better rubber crop prices between September and December 2019, which increased to an average of RM442 per tonne compared to RM365 in 2018. – May 19, 2020, Bernama

Share on facebook
Share on twitter
Share on whatsapp
Share on email

Subscribe and get top news delivered to your Inbox everyday for FREE