News

We refer to the circular to the shareholders of the Company dated 24 October 2017 (“Circular”) and announcements dated 29 December 2017, 18 January 2018 and 19 January 2018 (“Announcements”) in relation to the proceeds arising from the Share Award Scheme and the offer for sale of Pentamaster International Limited (“PIL”) shares by PCB (“Proceeds”) in connection with the listing exercise of PIL on the Stock Exchange of Hong Kong Limited.

(Unless otherwise defined herein, the abbreviations used in this announcement are the same as those previously defined in the Circular and Announcements.)

The Board of Directors of PCB (“Board”) wishes to announce that it has deliberated and resolved to extend the timeframe for the utilisation of the remaining unutilised balance of the Proceeds for an additional 36 months up to 18 January 2023 (“Extension of Time”).

Please refer to the attachment for details.