Dividends

Third Interim Dividend for FY2016 - Schedule
3 Nov 2016 Ex-dividend date
17 Nov 2016Payment date

The Group's Dividend Guidance is: "For FY2016, our Directors intend to recommend and distribute dividends of 60% or more of our Group's net profit (excluding our China operation, and exceptional items)"

For the third interim dividend for FY2016, the Directors proposed a dividend per share of 0.68 cents per ordinary share, that is equivalent to about 60.2% of the Group's net profit (excluding our China operation, and exceptional items) in 3Q2016

The Dividend Guidance for FY2016 takes into account the consideration that the Group has a strong balance sheet, and overall healthy operating cash flows from Singapore, Hong Kong and Malaysia; and the Directors are of the view that the expected losses from China do not have to affect the dividend payments based on profits generated from Singapore, Hong Kong and Malaysia operations