CSE Global Limited (544) said on Feb, 20 2026 that its board has approved a modified and restated Scrip Dividend Scheme, allowing shareholders to elect to receive new shares in lieu of part only or all of any declared dividend, instead of the previous all-or-nothing requirement.

The revised scheme, effective immediately, lets shareholders determine the proportion of their dividend to be taken in scrip for each qualifying distribution. New shares will be issued fully paid and rank pari passu with existing shares, except for entitlements with record dates before or on the allotment date.

All shareholders remain eligible to participate, except those restricted by regulatory or constitutional limits, and the company retains discretion to exclude overseas investors where offering restrictions apply. Participation is voluntary, non-transferable and must be elected separately for each dividend via a Notice of Election; permanent elections are not permitted.

The board will decide whether the scheme applies to each dividend. If implemented, the issue price of new shares may be set at up to a 10% discount (or any SGX-ST-permitted discount) to the volume-weighted average price of the shares over a specified period. Fractional entitlements will be rounded or otherwise dealt with at the directors’ discretion, potentially resulting in odd-lot holdings.

CSE Global will seek SGX-ST approval to list any new shares issued under the scheme. The company noted no brokerage, stamp duty or other transaction costs are currently payable on shares allotted through the programme.