Powermatic Data Systems Limited Approves Special One-Tier Tax Exempt Dividend for the Financial Year Ended 31 March 2023, Payable on 25 August 2023

Powermatic Data Systems Limited is a Singapore-based company which is engaged in manufacturing and sale of owned-made wireless connectivity products and the provision of sales /products related services. The principal activities of the Company are manufacturing, marketing and trading wireless connectivity products, which include wireless modules, embedded board, antenna, and Qualcomm reference design and providing sale and products related services. Its segments include Wireless connectivity products, property and corporate holding and support. The Wireless Connectivity Products segment includes manufacturing, marketing and trading of wireless connectivity products, provision of sale and products related services. The Property segment includes the lease of investment property for rental income, upkeep and maintaining property. It is also focused on leasing and maintaining investment property and provision of corporate support and services to subsidiaries.