The directors of AP Oil International Limited proposed a 2020 final tax exempt (one-tier) dividend of 0.50 cents per ordinary share in respect of the financial year ended 31 December 2020 against 0.75 cents per shares a year go, for approval by shareholders at the next Annual General Meeting to be held on 28 April 2021. If approved at the AGM, will be paid on 24 May 2021. Duly completed transfers of shares received by the Company's Share Registrar, Tricor Singapore Pte Ltd, 80 Robinson Road, #02-00, Singapore 068898, up to close of business at 5.00pm on 10 May 2021 ("Book Closure Date") will be registered to determine shareholders' entitlement to the proposed final dividend.