One of Mr. D.I.Y.�s substantial shareholders, Employees Provident Fu.pdf

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One of Mr. D.I.Y.s substantial shareholders, Employees Provident Fund (EPF) has voiced their intention to vote against MR DIY Group (M) Bhds proposed renewal of authority for the company to purchase its own shares in its Annual General Meeting (AGM) on June 8, 2023. Instead, EPF has appealed for a higher dividend payout. i) What do you think would be the trade-off between share buyback and cash dividend for Mr. D.I.Y. based on its current financial position? ii) Is EPFs reaction relevant to Mr. D.I.Y.s long-term growth?.

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