KUALA LUMPUR (June 27): Ajinomoto (Malaysia) Bhd announced its first and final dividend of 9.1 sen per share for the financial year ended March 31, 2023 (FY2023), to be paid on Sept 25.

According to its filing with Bursa Malaysia, the dividend’s ex-date fell on Aug 29 and the entitlement date is on Aug 30.

The amount was slightly higher than the first and final dividend of 8.5 sen per share paid in FY2022.

However, it was lower than the first and final dividend of 38.25 sen per share paid in FY2021. Its highest total dividend payment was RM1.55 per share in FY2017.

Meanwhile, in a separate filing, the company said it has appointed Riichiro Osawa as managing director/chief executive officer, effective July 1.

This comes after its previous managing director Tomoharu Abe was reassigned to another post by Ajinomoto Co Inc, Japan.

Osawa, 52, joined Ajinomoto Co Inc, Japan in 1995 and began his career with the Tokyo branch.

He has held various positions in Japan and overseas within the Ajinomoto Group of Companies.

He holds a degree in Chinese Language and Culture Studies from the Tokyo University of Foreign Studies, according to its bourse filing.

Ajinomoto’s share price closed two sen or 0.13% lower to RM14.90 on Tuesday (June 27), with a market capitalisation of RM905.90 million.