Zheneng Jinjiang Environment Holding Company Limited announced on Sep, 29 2026 that its board has recommended a special dividend totaling 64.6 million Singapore dollars, equal to about 4.50 Singapore cents per ordinary share, excluding treasury shares. The distribution will be funded from the company’s share premium account and is subject to shareholder approval at an upcoming extraordinary general meeting (EGM).

The proposed payout will be split into two equal tranches of 32.3 million Singapore dollars (approximately 2.25 Singapore cents per share each). The record date for the first tranche will be announced later, while the second tranche is scheduled to use a record date of Mar, 31 2027.

Under an implementation agreement signed on Sep, 29 2026 with Jieneng Investment (Hong Kong) Limited, which plans to acquire all issued shares of the company via a scheme of arrangement, the offeror has consented to the special dividend with no adjustment to the scheme consideration. If the scheme becomes effective and the offeror is the sole shareholder by 5:00 p.m. on Mar, 31 2027, the second-tranche dividend will be paid to the offeror.

The company stated that the dividend is not tied to any specific financial period and will be distributed only if directors remain satisfied that Zheneng Jinjiang Environment can meet its debts as they fall due. Further details on the EGM date and the first-tranche record date will be provided in separate announcements.