Pelikan fixes special dividend at 20 sen per share


Pelikan plant in Vorham Germany

PETALING JAYA: Pelikan International Corp Bhd has decided to distribute a special dividend of 20 sen per share to its shareholders from the proceeds of the disposal of its logistics centre in Germany.

In a filing with Bursa Malaysia, the stationery manufacturer announced it would allocate RM120.64mil for the special dividend, following the disposal of the logistics centre for a cash consideration of €81mil (RM399.33mil).

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Pelikan , dividend , 20 sen , shares , warehouse ,

   

Next In Business News

Pharmaniaga says 'stands firm' on financial recovery to exit PN17
Kobay gets UMA query from Bursa Malaysia
LFE gets RM8.27mil piling work
Jiankun expects GDV of its projects to soar to RM2bil under new leadership
Paramount acquires 21.54% stake in Eco World International
CIMB Securities aims for high single-digit market share by year-end
FBM KLCI retraces earlier losses to close flat
Total Dynamic gets bursa's nod to list on LEAP Market
Asian currencies set for weekly fall; stocks firm on US rate cut bets
KL Sentral Station redevelopment project to commence year-end - Loke

Others Also Read