COSCO SHIPPING Ports Limited Announces Scrip Dividend Scheme for Second Interim Dividend 2025
COSCO SHIPPING Ports Limited (Stock Code: 1199), incorporated in Bermuda with limited liability, has announced the implementation of a Scrip Dividend Scheme for the second interim dividend for the year ended 31 December 2025. This news is important for all shareholders and could impact the company’s share price, as it introduces flexibility and signals the company’s continued commitment to shareholder returns.
Key Points of the Scrip Dividend Scheme
- Scrip Dividend Option: Shareholders can elect to receive their second interim dividend either in cash, in new shares (“Scrip Shares”), or a combination of both.
- Record Date: The scheme applies to shareholders registered as of 16 April 2026.
- Election Period: Shareholders must submit their election forms by 4:30 p.m. on 16 June 2026 to the company’s branch registrar in Hong Kong, Tricor Investor Services Limited, 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong.
Shareholder Actions Required
- Cash Dividend Only: No action is required if shareholders wish to receive only cash. Do not return the election form.
- Scrip Dividend Only: Shareholders wishing to receive their full interim dividend in Scrip Shares should sign, date, and return the election form.
- Partly Cash, Partly Scrip: For a mixed option, shareholders must specify the number of shares to be paid as Scrip Shares and return the form, signed and dated.
- Over-Election: If a shareholder requests Scrip Shares for more shares than they own, the company will treat this as an election for Scrip Shares for all shares held.
- Joint Holders & Corporations: All joint holders must sign. For corporations, an authorized officer must sign and state their position.
Important Considerations for Shareholders
- Non-Transferable Rights: The right to elect Scrip Shares is non-transferable and only available to shareholders named in the form.
- Qualifying Shareholders: Only qualifying shareholders (as defined in the company’s circular) may participate. Non-qualifying shareholders must not complete the form.
- Form Submission: Incorrectly completed or late forms will result in the dividend being paid entirely in cash.
- Dividend Delivery: Share certificates and/or cheques will be sent via ordinary post at the shareholder’s risk.
- Company’s Final Decision: The company’s ruling on any disputes relating to the Scrip Dividend Scheme is conclusive and binding.
Potential Market Impact
The introduction of a scrip dividend scheme typically provides shareholders with greater flexibility and may conserve cash for the company, which could be viewed positively by the market. It allows shareholders to potentially increase their holdings without incurring transaction costs. However, the dilution effect from new shares being issued could impact the share price, depending on the take-up rate and investor sentiment.
Investors should consider their own circumstances, including potential tax implications and their view on the company’s prospects, before making an election.
Deadline and Action Steps
- Deadline for Election: 4:30 p.m. on 16 June 2026
- Registrar Address: Tricor Investor Services Limited, 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong
Conclusion
This Scrip Dividend Scheme is a significant event for COSCO SHIPPING Ports Limited shareholders and may influence the company’s share price, depending on shareholder participation and market reaction to the capital management strategy.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should consult their own financial advisors before making any decisions related to the Scrip Dividend Scheme or their investment in COSCO SHIPPING Ports Limited.
中遠海運港口有限公司宣佈2025年第二次中期股息「以股代息」計劃
中遠海運港口有限公司（股份代號：1199，於百慕達註冊成立之有限公司）宣佈推行 以股代息計劃，適用於截至2025年12月31日止年度的第二次中期股息。此舉對所有股東極為重要，並可能影響公司股價，因為它顯示公司致力於持續向股東回饋並靈活運用資金。
計劃重點
- 以股代息選擇： 股東可選擇以現金、以新股份（「代息股份」）或現金與股份混合方式收取第二次中期股息。
- 記錄日期： 此計劃適用於於2026年4月16日登記之股東。
- 選擇期限： 股東必須於2026年6月16日下午4時30分前，將選擇表格交回香港股份過戶登記分處卓佳證券登記有限公司（香港夏愨道16號遠東金融中心17樓）。
股東需知事項
- 只收取現金： 若只收取現金，無需採取任何行動，亦毋須交回表格。
- 只收取代息股份： 若希望全數以代息股份收取，請於選擇表格簽名及填上日期後交回。
- 部份現金/部份股份： 若選擇以部份現金及部份代息股份收取，須於表格丙欄填寫要求以股份收取的數目，並簽名、填日期後交回。
- 超額選擇： 若申請股份數多於記錄日期所持有的股份，則視為選擇全部股份以收取代息股份。
- 聯名持有人及公司： 聯名持有人須全員簽署，公司須由正式授權職員簽署並註明職位。
重要注意事項
- 權利不可轉讓： 以股代息的權利僅限指定股東使用，並不可轉讓。
- 合資格股東： 只有通函所定義之「合資格股東」可參與，否則填寫無效。
- 遞交表格： 遲交或填寫不正確，則全部中期股息以現金派發。
- 派發方式： 股份證書及／或現金支票將以平郵寄出，郵誤風險由股東承擔。
- 公司最終決定權： 有關以股代息計劃的任何爭議，公司決定具最終及約束力。
對市場的潛在影響
以股代息計劃通常給予股東更大靈活性，並有助公司保留現金，市場常視為正面信號。股東可無需交易成本增加持股，但因新發行股份有攤薄效應，最終對股價的影響取決於參與率及投資者情緒。
投資者應根據自身情況（包括稅務影響及對公司前景的看法）作出選擇。
重要時限及步驟
- 截止日期： 2026年6月16日下午4時30分
- 遞交地址： 卓佳證券登記有限公司，香港夏愨道16號遠東金融中心17樓
結語
以股代息計劃對中遠海運港口有限公司股東而言是一項重大消息，將會根據市場反應及股東參與率對公司股價產生潛在影響。
免責聲明：本文章僅供參考，並不構成任何投資建議。投資者應諮詢自身財務顧問，方作出任何與以股代息計劃或持有中遠海運港口有限公司股份有關的決定。
