KUALA LUMPUR, October 29 – PT Resources Holdings Berhad, a leading processor and trader of frozen seafood products and various other food items, has successfully concluded its 4th Annual General Meeting (AGM) today, with resounding support from its shareholders. All ordinary resolutions related to the AGM’s routine business were unanimously approved. Moreover, a special resolution concerning proposed amendments to the company’s constitution also received unanimous endorsement.
In a significant milestone, PT Resources announced its inaugural dividend of 0.65 sen per ordinary share, totaling RM3.48 million for the financial year ending 30 April 2024. This marks the company’s first dividend distribution since its listing in September 2022. Mr. Heng Chang Hooi, Managing Director of PT Resources, expressed his gratitude to the shareholders, emphasizing their trust and support as fundamental to the company’s success and its commitment to achieving further excellence. He further noted the remarkable year the company has had, achieving a robust 44.0% increase in revenue.
Reaching RM502.6 million in FY2023, attributed to growing domestic and international demands. With global recovery underway and China gradually reopening its borders, PT Resources anticipates a sustained sales momentum, driven by the company’s expanding customer base, particularly through new subsidiaries in China and Indonesia. The successful AGM and dividend declaration reflect PT Resources’ commitment to delivering value to its shareholders and expanding its footprint in the food processing and trading industry.
