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Financial News

Please find below the latest selected Financial News and Announcements by Pelikan International



21 June 2010

Change in Boardroom

On behalf of the Board of Directors of Pelikan International Corporation Berhad, we would like to announce the retirement of Datuk Ismee bin Ismail, a Malaysian aged 45, who was appointed to the Board on 9 September 2009 as a non-independent and non-executive Director. 


26 May 2010


Pelikan Group Announces Dividend and Releases Notice of 28th Annual General Meeting

The 28th Annual General Meeting of Pelikan International Corporation Berhad will be held at Sunway Resort Hotel & Spa, Bahamas 1, Level 10, Persiaran Lagoon, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan, Malaysia on Monday, 21 June 2010 at 11.00 a.m. Please refer to the attachment for Notice of 28th Annual General Meeting.

Also announced is that Pelikan International recommended a final single tier dividend of 2 sen per share for the financial year ended 31 December 2009. Subject to approval by shareholders at the forthcoming 28th Annual General Meeting on 21 June 2010, the final dividend will be paid on 15 September 2010.


1 March 2010

Pelikan Group Announces Establishment of an Executives' Share Option Scheme ("ESOS")

On behalf of the Company, CIMB Investment Bank Berhad wishes to announce that the effective date for the implementation of the ESOS is 1 March 2010, which is the date of full compliance of the ESOS pursuant to Paragraph 6.43(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

1 January 2010

Pelikan Group Signs Agreement with Porsche Design  

Pelikan International Corporation Berhad ("PICB") has announced that the Company had on 30 December 2009 entered into a Manufacturing and Distribution License Agreement with Porsche Lizenz- und Handelsgesellschaft mbH & Co. KG, Germany for the use of “Porsche Design” trademark for writing instruments. The agreement gave a 5-year right to Pelikan for the manufacturing and distribution of writing instruments under the “Porsche Design” brand in the worldwide market commencing 1 January 2011.

Porsche Lizenz- und Handelsgesellschaft mbH & Co. KG, based in Bietigheim-Bissingen, Germany, is a majority-owned subsidiary of Porsche AG in Stuttgart, Germany. The company focuses its activities on its Porsche Design, Porsche Design Driver's Selection divisions and the Porsche Design Studio in Zell am See, Austria. Porsche Design stands for products that combine functional, timeless and puristic design with impressive technical innovations. Its products are sold worldwide exclusively in Porsche Design stores, shop-in-shops, top-quality department stores, luxury retail outlets and by selected retailers.

Fine Writing Instruments, are the highlight of Pelikan’s product range. Appreciated by aficionados of cultivated writing, they have become collectors’ items. These works of art combine exquisite materials, singular styling and traditional craftsmanship to create unique writing instruments of unbeatable quality. Pelikan’s experience in the production of writing instruments and inks dates back to the 19th century and the expertise we have acquired over the years has made us one of the world foremost writing instruments and ink producers.

The confidence of Porsche Design in our writing instruments has further proven Pelikan’s position as one of the leading writing instruments producers. The addition of Porsche Design to Pelikan’s fine writing instruments will expand our product range in our quest to further enhance the image and usage of fine writing instruments. The outstanding caliber of our research and development team guarantees innovative and superior product quality. Porsche Design writing instruments provide an ideal fit to our existing product range to further capture the different market needs. The arrangement augurs brand and image enhancement as well as revenue and earnings improvement. 


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