ZICO Holdings Announces First-Ever Interim Special Dividend and Strategic Business Update

Key Highlights for Investors

• Interim Special Dividend Declared:
  ZICO Holdings Inc. (“ZICO”), a multidisciplinary professional services group listed on the SGX Catalist, has announced the issuance of an interim special dividend of 0.1 Singapore cents per share. This marks ZICO’s first dividend distribution since its IPO in 2014.
• Source of Dividend:
  The payout will be funded from a combination of the Group’s current-year profits and surplus cash reserves, specifically realised gains from the strategic divestment of its corporate services business in FY2025 (the “Disposal”), alongside net inflows generated from ZICO’s capital market advisory business.
• One-Time Distribution:
  The Board has emphasised that this dividend is a one-off, interim special dividend and should not be interpreted as a change in the Company’s future dividend policy. However, the Board reaffirmed its commitment to return value to shareholders in line with the Company’s sustained financial performance.
• Strategic Transformation and New Focus Areas:
  Following the Disposal, ZICO is repositioning towards regulated market activities and high-growth sectors, including:
  • Corporate finance in Singapore and Malaysia
  • Asset management
  • Asset-light consulting and sourcing
  • Shariah-related services targeted at ASEAN markets
• Stronger Balance Sheet:
  The strategic divestment has strengthened ZICO’s balance sheet, allowing for both the special dividend and continued investment in core, high-growth business segments.
• Leadership Comment:
  Independent Chairman Mr. Mohamed Nasser Bin Ismail highlighted that the successful disposal was a key step in ZICO’s transformation, enabling the company to recycle capital from non-core areas into segments with higher potential returns. He thanked shareholders for their support and reaffirmed ZICO’s commitment to sustainable value creation.

What Shareholders Need to Know

• Dividend Could Be Price-Sensitive: This is a significant, potentially price-sensitive event as it is the company’s first dividend payout since listing—signalling a return of surplus capital to shareholders.
• One-Off Nature: Investors should take note that this dividend is explicitly described as a one-time event, and is not a signal of recurring payouts. Future dividends will depend on financial performance.
• Transformation Strategy: The company’s divestment of its corporate services business and focus on regulated capital markets, wealth management, trust services, and Shariah-compliant offerings may affect future profitability and the risk profile of ZICO.
• Continued Shareholder Value Commitment: Despite the one-off nature of this dividend, management reiterated their pledge to return value to shareholders, subject to business performance.

About ZICO Holdings Inc.

ZICO Holdings is an integrated provider of multidisciplinary professional services focused on the ASEAN region, with operations in Lao PDR, Malaysia (including Labuan), Myanmar, Singapore, Thailand, and the Philippines. It offers a broad range of regulated services including wealth management, trust advisory, corporate finance, consulting, investor and legal services, Shariah advisory, and immigration services. The Group also licenses the “ZICO” trademarks to its subsidiaries.

Contact Information

Investor/Media Relations: WeR1 Consultants Pte Ltd
9 Raffles Place, Level 6, Republic Plaza, Singapore 048619
Tel: +65 6677 3032
Email: Isaac Tang, [email protected]

Sponsor: Novus Corporate Finance Pte. Ltd.
Contact: Mr. Andrew Leo, Chief Executive Officer
7 Temasek Boulevard, #04-02 Suntec Tower 1, Singapore 038987
Tel: +65 6950 2188

Disclaimer

This article is intended for informational purposes only and does not constitute investment advice. Please refer to the official SGXNet announcement and consult your financial advisor before making any investment decisions. The Singapore Exchange Securities Trading Limited assumes no responsibility for the contents of this article.

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