Sino Hotels (Holdings) Limited (Stock Code: 1221) has declared a final dividend of HK$0.015 per share for the financial year ended 30 June 2025. This final dividend, approved at the Annual General Meeting on 22 October 2025, offers shareholders the choice to receive the dividend wholly or partly in the form of new shares (the scrip option).
Shareholders who opt for new shares will receive them at a price of HK$1.528 each. This price is based on the average closing price of the company’s shares on the Hong Kong Stock Exchange over the five consecutive trading days beginning 24 October 2025, the first day the shares traded ex-dividend. The deadline for returning the Form of Election is 4:30 p.m. on 21 November 2025.
If all shareholders elect to receive their entire entitlements in new shares, approximately 11,553,549 new shares would be issued. Conversely, if no elections are taken for new shares, the total cash payout would be HK$17,653,822.94. The register of members was closed from 28 to 30 October 2025 to determine entitlements. Fractional scrip entitlements will be refunded to eligible shareholders in cash.
According to the announcement, certificates for the new shares and warrants for cash dividends are expected to be despatched on 3 December 2025, with listing of and dealings in the new shares anticipated to start on 4 December 2025. The company has applied for the listing and permission to deal in these new shares on the Hong Kong Stock Exchange. Shareholders are encouraged to review country-specific requirements and consult professional advisers on any legal or procedural implications of electing for scrip outside Hong Kong.