Tsim Sha Tsui Properties Limited (Stock Code: 247) has announced details of its final dividend and scrip option for the financial year ended 30 June 2025. The final dividend has been set at HK$0.43 per share, with shareholders able to choose between receiving the dividend in cash or opting for new shares issued under the scrip scheme.

According to the announcement, shareholders whose names appeared on the register of members on 30 October 2025 are eligible for the scrip option. The number of new shares will be calculated using a share price of HK$20.57. The deadline for submitting the election form is 21 November 2025, and any fractional entitlements will be paid in cash. It is noted that if every shareholder opts for new shares, approximately 45,705,431 shares could be issued, representing around 2.05% of the Company’s enlarged issued share capital.

Share certificates and dividend warrants are expected to be dispatched on 3 December 2025, with dealing in the newly issued shares beginning on 4 December 2025. The announcement specifies that the scrip option provides a cost-efficient way for shareholders to increase their investment, while retaining capital for the Company’s use. However, the scheme is not extended to certain shareholders in the People’s Republic of China (excluding Hong Kong, Macau, and Taiwan), unless legal clearance is obtained to permit their participation. Those with questions regarding local legal requirements are advised to seek their own professional advice.