KUALA LUMPUR (Sept 28): Pecca Group Bhd announced on Monday that its board had resolved to declare an interim single-tier dividend via a share dividend distribution of treasury shares on the basis of one treasury share for every 41 existing ordinary shares held in respect of the financial year ending June 30, 2022 (FY22).

The car leather upholstery maker said in a bourse filing on Monday that the entitlement and share deposit dates of the dividend will be announced at a later date.

At 9.54am on Tuesday, Pecca had risen two sen or 0.68% to RM2.97, valuing the group at RM550.84 million. The counter earlier rose to a high of RM2.99.

Year to date (YTD), the stock has gained RM1.33 or 81.1%.