PALETTE MULTIMEDIA BERHAD (420056 K)
(Incorporated in Malaysia)

 

SUMMARY OF KEY MATTERS DISCUSSED AT THE NINETEENTH ANNUAL GENERAL MEETING OF THE COMPANY HELD AT GREENS 2, MAIN WING, TROPICANA GOLF & COUNTRY RESORT, JALAN KELAB TROPICANA, 47410 PETALING JAYA, SELANGOR DARUL EHSAN, ON THURSDAY, 17 NOVEMBER 2016 AT 9.00 A.M.

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There were no other matters raised by the shareholders at the Nineteenth Annual General Meeting, save for the following:-
 

Question:
When will the Company declare dividends to its shareholders?

Answer:
The Company currently does not have any plan to declare dividends. The Group will retain its profits and cash flow to re-invest in research and development activities. The Group, being in IT-related business, would require continuous research and development to keep up with the current and rapid changes in the IT industry.