| General Description of Dividend Distribution |
The Dividend Distribution was approved by the Board of Directors on June 26, 2018, in the amount of US$0.08 per ordinary share by way of cash with an option to shareholders to elect, on a separate basis, to receive wholly an allotment issue of ordinary shares (“CO Shares”), credited as fully paid, in lieu of cash payment at a price per CO Share (“Reference Share Price”), to be calculated according to the proposed scrip dividend scheme in substantially the form attached below (“Scrip Dividend Scheme”), to the shareholders of the Company whose names appear in the register of members of the Company as at July 30, 2018 (the “Record Date”). The distribution will be made out of retained earnings.
 |
| Date |
Event |
| June 26, 2018 |
Publication of full year results 2018 and Announcement of declaration of Dividend Distribution |
| July 30, 2018 |
Record date to receive the Dividend Distribution |
| July 31, 2018 |
Ex-dividend date |
August 2, 2018 to
August 16, 2018 noon |
Election Period |
| August 17, 2018 |
Announcement of election results for new CO Shares including the number of
new CO Shares to be issued and total Issue Price |
From August 20, 2018
but no later than
August 24, 2018 |
Delivery of new CO Shares and Payment of fractions/
Payment of cash distribution
Listing and first trading day of newly issued CO Shares |
