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Amalgamated Electronic Corp Ltd Announces Dividend; Board Changes

Friday, 21 Jun 2013 02:00am EDT 

Amalgamated Electronic Corp Ltd announced that the Directors have elected to pay a single annual dividend in the amount of 10.0 cents (fiscal 2012: 8.0 cents) per ordinary share in respect of the year ended March 31, 2013, payable on July 15, 2013, to the shareholders of record date July 12, 2013. The Company also announced that Mr Hugh Stephen Courtney has chosen to step down as Non-Executive Chairman of the Board of directors (the Board). Mr Courtney will remain on the Board as a Non-Executive Director and continue to offer his on-going input and support. Mr Christopher Hardy Boulle was appointed as the Independent Non-Executive Chairman to the Board on June 19, 2013. 

Company Quote

-8.0 -2.96%
8:32am EST