We refer to our earlier announcement dated 27 February 2014 in relation to the Company’s Dividend Policy.

The Board of Directors wishes to announce that the Company has adopted a revised dividend policy whereby not less than 30% of the Group's profit after tax and minority interests, excluding exceptional items, in respect of any financial year shall be distributed to its shareholders. In considering the level of dividend payments, the Board of Directors would take into account various factors including:-

(i) the level of the Group's available cash and cash equivalents;
(ii) return on equity and available retained earnings; and
(iii) the Group's projected levels of capital expenditure and other investment plans.

This announcement is dated 29 February 2024.