Contents :
We wish to inform the Kuala Lumpur Stock Exchange that the following related parties of PacificMas has, on 31 October 2002 reinvested their dividend entitlement in respect of their investment in units of Pacific Income Fund, a unit trust fund managed by Pacific Mutual: -
| Name of Related Party | Relationship with PacificMas |
| 1) The Pacific Insurance Berhad | Wholly-owned subsidiary |
| 2) Malaysian Trustees Berhad | Associated company |
| 3) Ng Hon Soon | Director of PacificMas Group of companies |
| 4) Ratana Kupsrimongkol | A person connected to a director of Pacific Mutual |
Please refer to the table below for the details of the reinvestment of unit trusts by the said related parties.
Pacific Mutual is a subsidiary of PacificMas and its principal activities are establishment and management of unit trust funds.
This announcement is dated 1 November 2002
Name of related party | Reinvestment price per unit (RM) | Amount of dividend reinvested (RM) |
| The Pacific Insurance Berhad | 0.4808 | 64,763.89 |
| Malaysian Trustees Berhad | 0.4808 | 11,538.26 |
| Ng Hon Soon | 0.4808 | 971.45 |
| Ratana Kupsrimongkol | 0.4808 | 94.34 |