The Board of Directors of Tambun Indah Land Berhad announced that the company had proposed the payment of a single tier first & final dividend of 5.9 sen per ordinary share for the financial year ended December 31, 2021, subject to the shareholders' approval at the forthcoming Annual General Meeting of the Company. The rate of the proposed first & final dividend is higher by 3.5 sen when compared with the rate of the final dividend declared in the previous financial year due to improved financial results of the Group. The dividends declared is in line with the Group dividend policy of paying 40% to 60% of the Group's net profit attributable to the shareholders, excluding any valuation gain or loss on investment properties.