Goodland Group Limited has announced key details regarding its proposed final and special tax-exempt dividends for the financial year. Shareholders and potential investors should take note of the following critical information, which could influence share valuation and trading behavior:

Key Highlights of the Announcement

• Final Tax-Exempt Dividend: 0.5 Singapore cents per ordinary share.
• Special Tax-Exempt Dividend: 0.075 Singapore cents per ordinary share.
• Total Dividend Payout: 0.575 Singapore cents per ordinary share (subject to shareholder approval).

Important Dates for Shareholders

• Annual General Meeting (AGM): Scheduled for 22 January 2025, where the Proposed Final and Special Dividends will be tabled for shareholder approval.
• Books Closure Date: 31 January 2025. Shareholders who wish to be entitled to these dividends must ensure their shares are registered or credited by 5:00 PM on this date.
• Dividend Payment Dates:
  • Final Dividend: Expected to be paid on or about 14 February 2025.
  • Special Dividend: Expected to be paid on or about 1 April 2025.

Action Required for Shareholders

To qualify for these dividends:

• Ensure all registrable share transfers are submitted to the Company’s Share Registrar, B.A.C.S. Private Limited, by 5:00 PM on 31 January 2025.
• Shareholders with securities accounts at The Central Depository (Pte) Limited must ensure their accounts are credited with Goodland Group shares by the same deadline.

Potential Impact on Share Prices

The declaration of both a final and special dividend may attract investor interest, as it reflects the company’s profitability and commitment to shareholder returns. The total payout of 0.575 Singapore cents per share, although modest, could signal confidence in the company’s financial health and sustainability. Shareholders and potential investors should monitor trading activity closely as the books closure date approaches.