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- Signature Alliance also confirmed it will continue executing its post-listing plans. These include building a new corporate headquarters and production facility in Selangor, expanding its regional presence in Penang and Johor, investing in new machinery to boost productivity, and targeting larger-value interior fit-out and commercial projects.
KUALA LUMPUR (Oct 21): Interior fit-out services provider Signature Alliance Group Bhd (KL:SAG) has declared a first interim dividend of two sen per share for its financial year ending Dec 31, 2025 (FY2025). This is the group's inaugural payout since its ACE Market listing in June.
The dividend's entitlement date has been set for Nov 12, with payment to be made on Nov 25.
“This dividend is a meaningful milestone for us. It shows that we can reward shareholders while continuing to grow the business responsibly,” said Signature Alliance's group chief executive officer Darren Chang Chung Fei in a statement Tuesday.
“Since our listing in June, we have maintained a strong balance sheet, expanded our project pipeline, and continued to deliver stable margins. Declaring a dividend within the first year of listing reflects the confidence we have in our financial position and project outlook,” he added.
For the first half of FY2025, Signature Alliance reported a net profit of RM22.51 million on revenue of RM265.33 million.
As of June 30, the group maintained a net cash position of RM138 million and was managing 84 ongoing projects worth a total of RM338.8 million, which the company said provided the group "clear earnings visibility for the coming quarters".
Signature Alliance also confirmed it will continue executing its post-listing plans. These include building a new corporate headquarters and production facility in Selangor, expanding its regional presence in Penang and Johor, investing in new machinery to boost productivity, and targeting larger-value interior fit-out and commercial projects.
“We are focused on building a consistent performance record for our shareholders. The priority is to grow sustainably, deliver quality projects, and maintain healthy returns,” Chang said.
Signature Alliance comprises the interior fit-out and renovation subsidiaries spun off from Signature International Bhd (KL:SIGN), which is widely known for its kitchen cabinets. Chin Hin Group Bhd (KL:CHINHIN) controls Signature International with a 71.72% stake.
The group raised RM161.2 million from its initial public offering (IPO) in June, with all proceeds retained by the company as no existing shares were sold.
Signature Alliance's share price closed up one sen or 1.16% at 87 sen on Tuesday, resulting in a market capitalisation of RM870 million. The stock has climbed over 40% from its IPO price of 62 sen per share.
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