Pacific Alliance China Land Limited announced a distribution to shareholders of the Company of $1.3 million by way of a dividend of $0.49 per share, rounded down to the nearest $0.01 (the "Dividend"), from the excess cash held by the Company. The record date for the Dividend is 24 April 2020 and payment date is April 30, 2020. Ex-date is April 23, 2020.