Jujiang Construction Group Co., Ltd. Approves Final Dividend for the Year Ended 31 December 2022, Payable on June 30, 2023
May 15, 2023 at 07:08 am EDT
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Jujiang Construction Group Co., Ltd. at the AGM held on 15 May 2023, the resolution regarding the proposed final dividend of the Company for 2022 was duly approved by the Shareholders. The Company will distribute a final dividend of 4.0 HK cents in cash (before tax) per share for the year ended 31 December 2022 to the Shareholders whose names appear on the register of members of the Company on 2 June 2023 (the "Record Date"). For the purpose of ascertaining shareholders' entitlement to the final dividend, the register of members of H Shares of the Company will be closed from 30 May 2023 to 2 June 2023, both days inclusive, during which no transfer of H Shares will be registered. In order to qualify for the entitlement to the final dividend, all transfer instruments of the H Shares together with the relevant share certificates shall be lodged with the Company's H Share registrar, Tricor Investor Services Limited, 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong, before 4:30 p.m., on 29 May 2023 for registration. The dividend will be denominated and declared in Hong Kong Dollar, and distributed to the domestic shareholders in RMB and to the overseas shareholders in Hong Kong Dollar. The exchange rate for the dividend calculation in RMB is based on the average benchmark exchange rate of Hong Kong Dollar against
RMB as published by the People's Bank of China one week preceding the date of the declaration of such dividend, being HKD 1.0000: RMB 0.87345. Based on the above exchange rate, a final dividend of RMB 3.4938 cents (before tax) will be payable per domestic Share. The Company expects to pay the dividend to shareholders on 30 June 2023.
Jujiang Construction Group Co Ltd is a China-based company that is primarily engaged in providing construction engineering contracting business. The Company operates two segments. Construction Contracting segment provides construction services, covering residential properties, commercial buildings, industrial properties and public facilities. Other segment is engaged in providing design, surveying, training and consulting services related to construction contracting and the sale of civil defense products. The Company mainly operates its businesses in the domestic market.