I am not too sure what happened with PACMAS. I heard that PACMAS sold part of its insurance business (not sure what business is remain though).

But if the cash from sale proceed is used to pay dividend, it means that the money will not be use to reinvest (i.e. the P/E ratio should be lower in the future). On the ex-date, the share price will drop RM1.69. So my personal view on it is that not worth to buy PACMAS already at current price. Sell it if you hold any of the shares. It will get stuck on the ex-date onwards.

This post has been edited by 2010May: Mar 27 2011, 11:21 AM