Stock Name: PESTECH
Announcement Date: 09/10/2013
Ex Date: 22/10/2013
|Company Name||PESTECH INTERNATIONAL BERHAD|
|Date Announced||9 Oct 2013|
|Category||Entitlements (Notice of Book Closure)|
|On 23 August 2013, the Company declared a single-tier interim dividend of three sen per ordinary share for the financial year ending 31 December 2013 (“Interim Dividend”). |
On 9 October 2013, the shareholders of PESTECH approved the implementation of the dividend reinvestment plan that provides the shareholders of PESTECH with the option to elect to reinvest their cash dividend in new ordinary shares of RM0.50 each in PESTECH (“PESTECH Shares”) (“DRP”). The approval for the DRP shall remain in full force until the conclusion of PESTECH's next annual general meeting.
Bank Islam Malaysia Berhad had, on even date announced that the Board of Directors of PESTECH has approved, inter-alia, the following matters:
(a) that the DRP shall apply to the Interim Dividend, which was declared by PESTECH on 23 August 2013 and that the entire Interim Dividend can be elected to be reinvested in new PESTECH Shares; and
(b) that the issue price for the New Shares to be issued pursuant to the first implementation of the DRP for the Interim Dividend, which was fixed today, is RM2.11 per Share.
This announcement is dated 9 October 2013.