IPeople, inc. Approves Cash Dividend, Payable on or Before May 24, 2024
April 07, 2024 at 07:56 pm EDT
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iPeople, inc. at its board of directors meeting held on April 5, 2024, approved declaration of a Cash Dividend of PHP 0.19 per common share, or a total amount of PHP 198,410,015.98 from the Company's unrestricted retained earnings as of December 31, 2023, to all stockholders of record as of May 3, 2024. Payment date is on or before May 24, 2024.
iPeople, inc. is a holding and management company. The Companyâs main operating subsidiaries are the Malayan Education System, Inc. (Mapua University), National Teachers College (NTC), University of Nueva Caceres (UNC) and Affordable Private Education Center, Inc. (APEC). Mapua University also has three main wholly owned subsidiaries, including Malayan Colleges Laguna, Inc. (MCL), Malayan High School of Science, Inc. (MHSS) and Malayan Colleges Mindanao, Inc. (MCM). Malayan Colleges Laguna, Inc. is located in Cabuyao, Laguna and established to extend the brand of the Mapua Institute of Technology to the south by offering programs in engineering, computer science, information technology, business, accountancy, and hotel and restaurant management to students who prefer to stay closer to home. MHSS is a science-and math-oriented high school located in Pandacan, Manila. Malayan Colleges Mindanao, Inc. offers Mapua-education in Davao and Mindanao.