The Straits Trading Company Limited rewarded its shareholders with an interim dividend of 8 cents per ordinary share for the financial year ended 31 December 2023. Shareholders will be given the option of receiving the interim dividend either in cash or scrip shares. The Scrip Dividend Scheme provides shareholders with the opportunity to reinvest and participate in the long-term growth of the Company at an attractive discount to its underlying net asset value, which stands at SGD 3.26 as of 31 December 2023.

At the same time, the issuance of scrip shares increases share capital and helps to deepen stock liquidity, which is beneficial for all shareholders. The book closure date for the determination of shareholders' eligibility of the dividends is on 10 May 2024 and the payment date is on 2 July 2024.