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.
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.
The Board of Directors of Puncak wishes to announce the declaration of a single tier interim dividend of 0.5 sen per ordinary share for the financial year ending 31 December 2018.
The entitlement and payment dates of the interim dividend will be determined and announced in due course.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
rogers123
4,018 posts
Posted by rogers123 > 2018-05-17 16:49 | Report Abuse
This atock have no future ler