SINGAPORE (Dec 25): During the uncertain years following the global financial crisis, ComfortDel Gro Corp offered investors a seemingly reliable combination of growth and dividends. Between 2010 and 2015, its annual dividends increased from 5.5 cents a share to nine cents, while its shares climbed nearly 90%. During the same period, the Straits Times Index fell 0.4%. But things started going wrong for the company last year.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply