Five small caps with High Dividends

Voluntary share sale or transfer facility for its Singapore Securities: As a move to address liquidity concerns pertaining to trading on Singapore Exchange Securities Trading Ltd, AVJennings Ltd (ASX: AVJ) has recently come up with voluntary share sale (on ASX) or transfer (to AVJ’s Australian Register) facility for its Singapore based security holders who have group’s shares deposited with The Central Depository (Pte) Ltd. IOOF Holdings Ltd ceases to be a substantial holder of the group. AVJ’s half year result indicated for a revenue slip of 16.6% while statutory profit after tax lost 14.4%. However, the group expects second half to have an improved scenario.

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