PT Resources Declares First Dividend Since Listing

 PT Resources Holdings Berhad announced that all resolutions presented at the 4th Annual General Meeting held today received unanimous support from its shareholders.

The ordinary resolutions encompassing the routine business of the AGM were passed without contention. Additionally, a special resolution, pertaining to the proposed amendments to the Constitution of the Company, also secured unanimous approval.

The Company has also declared an interim single-tier dividend of 0.65 sen per ordinary share amounting to RM3.48 million for the financial year ending 30 April 2024 is to be paid on 10 November 2023. This is noted to be the first dividend distribution from the Company since its listing in September 2022.

Managing Director of PT Resources, Mr. Heng Chang Hooi said, “It has been an incredible year for us. We recorded a robust revenue growth in FY2023, a remarkable 44.0% surge to RM502.6 million, as compared to FY2022. This significant increase is attributed to both domestic and overseas demands.”

As global recovery progresses and with China’s borders gradually reopening, PT Resources foresees sustained sales momentum. This is bolstered by the Group’s efforts to cater to the growing customer base overseas, especially through new subsidiaries in China and Indonesia.

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