Malaysia's Kamdar withdraws proposed dividend

KUALA LUMPUR, June 3 Tue Jun 3, 2008 6:30am EDT

KUALA LUMPUR, June 3 (Reuters) - Malaysian textile firm Kamdar Group (KMDA.KL) has withdrawn a proposed 5 percent per share dividend after it failed to get approval from its trustees, the company said in a statement on Tuesday. (Reporting by Chua Baizhen, Editing by Faisal Aziz)