Jujiang Construction Group Co., Ltd. Approves Final Dividend for the Year Ended 31 December 2022, Payable on June 30, 2023
May 15, 2023 at 07:08 am EDT
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Jujiang Construction Group Co., Ltd. at the AGM held on 15 May 2023, the resolution regarding the proposed final dividend of the Company for 2022 was duly approved by the Shareholders. The Company will distribute a final dividend of 4.0 HK cents in cash (before tax) per share for the year ended 31 December 2022 to the Shareholders whose names appear on the register of members of the Company on 2 June 2023 (the "Record Date"). For the purpose of ascertaining shareholders' entitlement to the final dividend, the register of members of H Shares of the Company will be closed from 30 May 2023 to 2 June 2023, both days inclusive, during which no transfer of H Shares will be registered. In order to qualify for the entitlement to the final dividend, all transfer instruments of the H Shares together with the relevant share certificates shall be lodged with the Company's H Share registrar, Tricor Investor Services Limited, 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong, before 4:30 p.m., on 29 May 2023 for registration. The dividend will be denominated and declared in Hong Kong Dollar, and distributed to the domestic shareholders in RMB and to the overseas shareholders in Hong Kong Dollar. The exchange rate for the dividend calculation in RMB is based on the average benchmark exchange rate of Hong Kong Dollar against
RMB as published by the People's Bank of China one week preceding the date of the declaration of such dividend, being HKD 1.0000: RMB 0.87345. Based on the above exchange rate, a final dividend of RMB 3.4938 cents (before tax) will be payable per domestic Share. The Company expects to pay the dividend to shareholders on 30 June 2023.
Jujiang Construction Group Co., Ltd. is an investment holding company principally engaged in the construction contracting businesses. The Company operates through two segments. Construction Contracting segment is engaged in the provision of services related to construction contracting in architecture, such as building construction, foundation works, curtain wall construction and building decoration, among others. Its services are for residential properties, commercial properties, industrial properties and public facilities. Others segment is engaged in the provision of designing, surveying and mapping, monitoring and consulting services in the engineering of municipal management and construction, the installation of lifting equipment, the sales of construction materials and civil defense products, as well as the provision of services related to construction contracting in architecture.