to be the driving forces for opportunities
and growth for our various divisions and
for which we are well-positioned.
Our strategic direction remains unchanged
as we move into FY2015. Additionally,
we will continue to improve productivity,
motivate our human resource and sharpen
our focus on specific business areas to
take advantage of new opportunities in
FY2015 and beyond.
Appreciation to All
On behalf of the Board, we would like
to thank our management and staff for
another year of hard work. Appreciation
also goes out to our business associates,
customers and our shareholders for
the unwavering support and belief in
the Group and its management team.
Lastly but importantly, we would like
to acknowledge our dedicated Board
of Directors and thank them for their
guidance and counsel.
In view of our financial performance in
FY2014, the Board has recommended
a final dividend of 1.6 cents per ordinary
share (one-tier tax exempt). This
represents a dividend yield of 6% based
on the share price of 26.5 cents on
BERTIE CHENG
VINCENT LIM
Chairman
President
31 December 2014. We are pleased to
report we have an unbroken track record
for dividend payout since our listing more
than a decade ago and that a total of
S$105.6 million or 77% of earnings over
the same period have been declared.
We look forward to the opportunity to
bring more value to all our stakeholders,
business partners and customers in the
new year.
LETTER TO
SHAREHOLDERS
TELECHOICE INTERNATIONAL LIMITED
ANNUAL REPORT 2014
07
