The Board of Directors of Pinehill Pacific Berhad announced the recommendation for the declaration and payment of a first and final single-tier dividend of 3.0 sen per ordinary share in respect of the financial year ended 30 June 2022, which is subject to the approval of the shareholders of Pinepac at its forthcoming Annual General Meeting. The date of entitlement and date of payment in respect of the aforesaid dividend will be announced in due course.