During the financial year ending 31 December 2020, Ewein has declared and paid the following  dividends:

1.  Single tier interim dividend of RM0.035 per ordinary share.

2.  An interim single tier dividend via share dividend distribution of treasury shares on the basis of one (1) treasury share for every sixteen (16) existing ordinary shares.

Ewein endeavors to adopt a dividend policy that would provide stable and sustainable dividends to shareholders while maintaining an efficient capital structure and sufficient to cater to its business prospects, capital requirements growth/expansion strategy and other factors considered relevant by the Board of Directors ("the Board").

However, in considering the level of dividend payments, we take into account various factors including:

i.   the level of our available cash and cash equivalents;

ii.  return on equity and retained earnings; and

iii. our projected levels of capital expenditure and other investment plans.

The Board of Ewein wishes to announce that the Company has adopted a dividend policy on  25 November 2020 where  Ewein intends to distribute dividends of not less than RM0.035 per share annually from 1 January 2021 onwards.

Whilst the dividend policy reflects the Board’s current views on the group’s financial and cash-flow positions, the dividend policy will be continuously reviewed from time to time in light of Ewein’s financial position, regulatory environment and business prospects. It is the policy of the Board, in recommending dividends, to allow shareholders to participate in the Company’s profits, as well as to retain adequate reserves for future growth.

This announcement is dated  25 November 2020.