MRO Magazine

Plastec Technologies Announces Final 2014 Cash Dividend of $0.20 Per Share

By Business Wire News   



HONG KONG

Plastec Technologies, Ltd. – (OTCBB: PLTYF (ordinary shares), PLTEF (units)) (“Plastec” or the “Company”), an integrated plastic manufacturing services provider that operates in the People’s Republic of China and Thailand, today announced that its Board of Directors has declared a final cash dividend for the fiscal year ended December 31, 2014 of $0.20 per ordinary share. The dividend will be payable on or about May 1, 2015 to shareholders of record as of April 24, 2015.

The Company’s Chairman and CEO, Mr. Kin Sun Sze-To, stated, “In the past year we have distributed $0.30 per ordinary share in dividends as a measure of rewarding shareholders for their continued support of Plastec. The Company’s strong financial position has afforded us the opportunity to continue investing in our Company and strengthening our balance sheet while focusing on initiatives that have the potential to increase shareholder value.”

About Plastec

Originally founded in 1993 by Chairman and CEO, Mr. Kin Sun Sze-To, Plastec is an integrated plastic manufacturing services provider that operates in the People’s Republic of China and Thailand through its wholly owned subsidiaries. With around 4,800 employees, Plastec provides precision plastic manufacturing services from mold design and fabrication, plastic injection manufacturing to secondary-process finishing, as well as parts assembly.

Forward Looking Statements

This press release contains “forward-looking statements.” These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements.

Plastec Technologies, Ltd.
HL Ning, Chief Financial Officer
ning@plastec.com.hk
Eli D. Scher, Director
eli@plastec.com.hk
or
Investor Relations:
The Equity Group Inc.
Adam Prior, 212-836-9606
Senior Vice President
aprior@equityny.com
In China
Katherine Yao, 86 10 6587 6435
Associate
kyao@equityny.com

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