#Update* Panasonic Malaysia declares special dividend of 23 sen/share, final dividend of 35 sen

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KUALA LUMPUR (June 25): Panasonic Manufacturing Malaysia Bhd proposed a special dividend of 23 sen per share and final dividend of 35 sen for shareholders for the year end-March 2014.

The ex-date for the dividends falls on Sept 5, 2014 and entitlement data is on Sept 9, the company said in its filing with Bursa Malaysia.

The company posted a new record revenue of RM899.2 million for the year ended March 2014. This represents an increase of 4.0%compared with the previous year’s RM864.6 million.

It achieved a profit before tax of RM105.2 million for the year ended 31 March 2014, which was higher by 10.9% over the previous year’s RM94.9 million.