We have written to the Board to pay a 5 Sen dividend again

Rozali better be starting to do the right things otherwise till the day he dies, which may not be exactly that far ahead, he will not get to enjoy the high cash in hand, and the share price will remain depressed.

Also, the real possibility that he may lose the company when he is gone as his son is not interested and not as capable.

Rozali should start immediately by paying at least a 5 sen interim dividend now, which the company can afford, and to make paying a 5 sen dividend a yearly payment.

All shareholders should write in to Rozali for him to wise up.

You are encouraged to actively participate in the affairs of the Company to Create Shareholder Value.

Interim dividend can be paid a few times for a financial year.

Creating shareholder value

The Board accepted my proposal

Remember to bring up and reinforce the case for a 5 sen dividend with the Board of Directors in the AGM later

The Board of Directors
Puncak Niaga Berhad


Dear Sirs/Madam

Congratulations on the acquisition of Danum Sinar and TRIplc which we are sure will reward shareholders handsomely in due time as there is no doubt that the Board surely had deliberated on them in detail.

While waiting for these investments to come to fruition, in the meantime; for the purpose of covering shareholders' financing cost, we would like to propose to the Board to pay an annual 5 sen interim dividend.

For the Board information, a 5 sen dividend amounts to only RM 24,964,200 on the Company's share capital of 499,284,000.

The Company can easily afford to make this annual 5 sen dividend payment as it has approximately RM 898m of retained profits and RM 276m of cash and bank balance in its accounts, and also with the capacity to obtain bank borrowings, if required.

We hope the Board will adopt this proposal and declare the payment of this 5 sen interim dividend for the current financial year immediately.

We are sure the Board will take cognizant of the fact that shareholders besides having to pay financing cost have also incurred huge capital loss as the share price has collapsed to as low as 44 sen recently.

We would like to remind the Board that it is your duty to create shareholders value in whatever ways that you can including the payment of dividend if it help in creating shareholder value.

Hope to hear a positive reply from you soon.

Regards

Your email requesting for the dividend can also send to:

Contact Investor Relations Unit

For any investor relations enquiries, kindly contact us as follows :

Contact Person : Madam Tan Bee Lian
Designation : Executive Director, Corporate Services Division/Group Company Secretary

Investor Relations Unit
c/o Secretarial Department
Puncak Niaga Holdings Berhad
10th Floor, Wisma Rozali
No. 4, Persiaran Sukan
Seksyen 13, 40100 Shah Alam
Selangor Darul Ehsan.

Email : investors@puncakniaga.com.my

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