Entitlements going ex on:

Feb 22

Scicom (MSC) Bhd                 Interim dividend of 1 sen per share, tax exempt.

Feb 23
AL-‘Aqar KPJ REIT                  Interim dividend of 3.8% per unit.

Batu Kawan Bhd                     Final single tier dividend of 30 sen per share.

Ekovest Bhd                           First and final dividend of 5 sen per share less 25% tax.

Hai-O Enterprise Bhd                Interim dividend of 10 sen per share less 25% tax.

Kuala Lumpur Kepong Bhd        Final single tier dividend of 30 sen per share.

PLB Engineering Bhd                First and final dividend of 1.5 sen less 25% tax.

Subur Tiasa Holdings Bhd          First and final dividend of 4 sen per share.

Feb 24
Padini Holdings Bhd                  Final single tier dividend of 7.5 sen per share.

Feb 25
APB Resources Bhd                  Final single tier dividend of 3 sen per share.

Daibochi Plastic & Packaging      Interim dividend of 6.5 sen per share, tax
Industry Bhd                           exempt.

Hartalega Holdings Bhd             First interim dividend of 5 sen per share single tier.

Hirotako Holdings Bhd              Distribution of two treasury shares for every 25 shares held.

PPB Group Bhd                       Single-tier special dividend of 50 sen per share.

Notion VTec Bhd AGM
Points to ponder
The company’s net profit grew to RM36 million, or 5.11 sen per share, for FY2009 ended Sept 30, compared with RM33 million or 4.68 sen per share a year ago. Its share price has more than tripled since January last year to RM3.11 last Thursday.

Key figures
Executive chairman Thoo Chow Fah (picture) and managing director William Choo Wing Hong.

Remuneration
Directors took home RM1.28 million in FY2009, about 24% lower than the RM1.68 million in FY2008.

Auditors
Crowe Horwath was paid RM73,000 for FY2009, compared with RM72,000 for FY2008. The firm will seek reappointment at the AGM.

Questions for the board
What is earnings growth like going forward? What are the prospects for the industry? Considering the sharp jump in share price, has it run ahead of the fundamentals? How will new shareholder Nikon benefit the company in terms of generating earnings growth?

When and where
Tuesday Feb 23, 9.30am, at Sime Darby Convention Centre, 1A Jalan Bukit Kiara 1, Kuala Lumpur.

Fiamma Holdings Bhd AGM
Points to ponder
Despite the unfavourable economic conditions, the company’s revenue rose slightly to RM178.2 million for FY2009 ended Sept 30, from RM162.9 million a year ago. But its net profit dropped 8.2% to RM15.7 million from RM17.1 million the previous year.

Key figures
Chairman Tan Sri Azizan Husain and CEO/managing director Lim Choo Hong (picture).

Remuneration
Directors’ remuneration, including subsidiaries, amounted to RM2.33 million for FY2009, compared with RM2 million in the previous FY.  

Auditor
KPMG was the group’s auditor for FY2009. The audit fees amounted to RM153,000 for FY2009, compared with RM145,000 previously.

Questions for the board
What are the group’s earnings prospects for the current financial year? Does the board expect a recovery in demand for home appliances? How is the group’s property development business?

When and where
Thursday Feb 25, 11.30am, at Level 10, Wisma Fiamma, 20 Jalan 7A/62A, Bandar Manjalara, Kuala Lumpur.

This article appeared in Corporate page of The Edge Malaysia, Issue 794, Feb 22 – 28, 2010