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Investor Relations
Scrip Dividend Scheme
The Tuan Sing Holdings Limited Scrip Dividend Scheme (the “Scheme”) was announced on 18 December 2009.
The Scheme allows shareholders of the Company (the “Shareholders”) entitled to dividends, to elect to receive either cash or an allotment of ordinary shares in the Company credited as fully-paid, in lieu of the cash amount of the dividend to which the Scheme applies.
The Scheme will provide Shareholders greater flexibility in meeting their investment objectives, as Shareholders are given an option to elect for cash dividend or to reinvest in the Company through acquisition of additional ordinary shares in the Company without having to incur transaction costs.
By the issuance of ordinary shares pursuant to the Scheme, the Company benefits from greater share liquidity in the market and conservation of cash which could be used to strengthen the Company’s working capital. This would contribute to the Company’s continuing efforts to enhance and maximize Shareholders’ value.
For more information, the Tuan Sing Holdings Limited Scrip Dividend Scheme is available for download below. You will need Adobe Acrobat Reader to view the pdf file. Click here to download Adobe Acrobat reader.
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