Friday 26 Apr 2024
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KUALA LUMPUR (Sept 18): Plenitude Bhd appointed Datuk Mohd Nasir Ali as its deputy chairman, following the property developer's takeover of The Nomad Group Bhd.

Nasir, 57, was formerly the independent non-executive chairman of Nomad Group and is an independent non-executive director of E.A. Technique (M) Bhd.

Meanwhile, Plenitude non-independent director Tsang Chee Wah, 62, has been re-designated as an independent director. Tsang has 38 years of experience in the construction industry.

In a separate filing with Bursa Malaysia today, Plenitude said has proposed a final dividend of 4.5 sen per share for the financial year ended June 30, 2015, which is subject to the shareholders' approval at the forthcoming annual general meeting.

"The dates of entitlement and payment will be announced later," said Plenitude.

Plenitude shares closed 2 sen or 0.94% lower at RM2.11 today, with a market capitalisation of RM812.7 million.

(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

 

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