KUALA LUMPUR: PACIFICMAS BHD [] has declared dividends totaling RM1.698 for each share for the financial year ending Dec 31, 2011.'' The dividends will go ex on April 7.
The company announced on Friday, March 25 an interim dividend of RM1.398 per share less 25% income tax (net RM1.0485 per share) and single tier dividend of 30 sen per share (tax exempt) for the financial year ending Dec 31, 2011.
Trading in the shares was suspended at 11.26 am and will resume at 2.30pm on Friday.
On Thursday, PacificMas Bhd announced it had completed the disposal of its 100% stake in The Pacific Insurance Bhd to Fairfax Asia Ltd. The parties had agreed to the share sale agreement and variation letter to be RM216.48 million.
'The balance disposal consideration, net of the deposit, of RM196.48 million has been received by the company, and the proposed disposal is completed today,' it said on Thursday.
The company announced on Friday, March 25 an interim dividend of RM1.398 per share less 25% income tax (net RM1.0485 per share) and single tier dividend of 30 sen per share (tax exempt) for the financial year ending Dec 31, 2011.
Trading in the shares was suspended at 11.26 am and will resume at 2.30pm on Friday.
On Thursday, PacificMas Bhd announced it had completed the disposal of its 100% stake in The Pacific Insurance Bhd to Fairfax Asia Ltd. The parties had agreed to the share sale agreement and variation letter to be RM216.48 million.
'The balance disposal consideration, net of the deposit, of RM196.48 million has been received by the company, and the proposed disposal is completed today,' it said on Thursday.
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