Yangzijiang Financial Holding Ltd. Announces Proposed Final Dividend for FY2024

In a significant development, Yangzijiang Financial Holding Ltd. (the “Company”) has announced a proposed final dividend of S\$0.0345 per ordinary share for the financial year ended 31 December 2024 ([[1]]). This announcement is subject to the approval of the Company’s shareholders at the upcoming Third Annual General Meeting (AGM) to be held on 15 April 2025 ([[1]]).

The key highlights from the announcement are as follows:

• The Company’s Board of Directors has recommended a tax-exempt (one-tier) final dividend of S\$0.0345 per ordinary share for the financial year ended 31 December 2024 ([[1]]).
• The dividend, if approved by shareholders at the AGM, will be paid on or about 15 May 2025 ([[1]]).
• The Company’s Share Transfer Books and Register of Members will be closed at 5.00 p.m. on 25 April 2025 for the purpose of determining shareholders’ entitlements to the proposed final dividend ([[1]]).
• Duly completed registrable transfers received by the Company’s Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., up to 5.00 p.m. on the Record Date will be registered before shareholders’ entitlements to the final dividend are determined ([[1]]).
• Shareholders whose securities accounts with The Central Depository (Pte) Limited are credited with the Company’s ordinary shares as at 5.00 p.m. on the Record Date will be entitled to the proposed final dividend ([[1]]).

This announcement is likely to be well-received by Yangzijiang Financial Holding’s shareholders, as it demonstrates the Company’s commitment to delivering consistent returns to its investors. The proposed final dividend, if approved, would represent a significant payout to shareholders and could potentially have a positive impact on the Company’s share price.

Disclaimer: This article is for informational purposes only and does not constitute a recommendation to buy or sell any securities. Investors should always conduct their own due diligence and consult with a financial advisor before making any investment decisions.