LLR rewards investors
Monday, July 04, 2022 | 760 Views |
LLR CEO Mowaneng
A final distribution of P28, 084,000 was declared, equating to 10.03 thebe per linked unit. The distribution comprises a dividend of 0.05 thebe and interest of 9.98 thebe per linked unit and compares favourably with the final distribution of 9.4117 thebe per linked unit declared in the prior financial year.
LLR CEO, Kamogelo Mowaneng commented:“ Despite ongoing macro-economic and sectoral challenges from the aftermath of the Covid-19 pandemic and notwithstanding current inflationary pressures and rising interest rates, LLR is delighted to declare a strong and sustained distribution for the 2022 financial year.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...