Sino Hotels announces final dividend with scrip option

Sino Hotels (Holdings) Limited has announced a final dividend of HK$0.015 per ordinary share for the year ended June 30, 2025. Shareholders have the option to receive this dividend wholly in cash, wholly in new shares, or partly in cash and partly in new shares, as approved at the annual general meeting on October 22, 2025.

The scrip option allows shareholders to receive new ordinary shares in lieu of a cash dividend. The price for converting the cash dividend per scrip share is set at HK$1.528, based on the average closing price of the company's shares over five consecutive trading days commencing October 24, 2025. The deadline for shareholders to elect their preferred dividend form is November 21, 2025, at 4:30 p.m.

Share certificates for new shares and dividend warrants for cash dividends are expected to be despatched on December 3, 2025, with dealings in the new shares commencing on December 4, 2025. The scheme offers an advantage to shareholders by allowing them to increase their investment without incurring brokerage fees, stamp duty, and related dealing costs, while also retaining cash for the company's working capital.