Pan Asia Environmental Protection Group Limited (stock code: 556) has declared a first tranche special dividend of HK$0.12 per share, payable on or around 26 March 2026 to shareholders listed on the register as of 5 February 2026. Shareholders may opt to receive the dividend in cash or partially or wholly in scrip shares. The reference price for the scrip shares is set at HK$0.678 per share.

Two major shareholders—holding approximately 356.57 million shares and 250.00 million shares, respectively—have opted for cash instead of scrip shares. If all other shareholders choose the scrip alternative, a total of about 60.78 million scrip shares would be issued; if all shareholders opt for cash, the total dividend payout would be approximately HK$118.80 million.

The final issuance of scrip shares is subject to the Stock Exchange’s listing approval. Eligible shareholders wishing to receive the dividend in scrip should submit the relevant election form by 5 March 2026. Trading of the new scrip shares is expected to commence on 27 March 2026. The distribution is funded from the company’s share premium account, which stood at around RMB482.10 million as of 30 June 2025.