RMB Holdings Limited announced that in keeping with stated strategy of asset monetisation and returning value to RMH shareholders, the RMH board has approved the distribution of the proceeds of the Divercity share repurchase to RMH shareholders. Accordingly, notice is hereby given that a gross special dividend of 3.5 cents per RMH share, payable out of income reserve was declared by the RMH board on 23 April 2024 by passing the necessary resolutions. The special dividend will be subject to Dividend Withholding Tax at a rate of 20%, which will result in a net dividend of 2.8 cents per share for those shareholders who are not exempt.

The special dividend is subject to Exchange Control approval. A further announcement will be released once Exchange Control approval has been obtained. Shares commence trading ex-dividend on 28 May 2024 with Record date on 31 May 2024.

Special dividend payment date is on 3 June 2024.