Asiasec Properties Limited announced that subject To Approve the Independent ASL Shareholders at the EGM and Completion having taken place, the ASL Board shall declare the Special Dividend of HKD 0.95 per ASL Share to the ASL Shareholders whose names appear on the register of members of ASL on the Record Date. A further announcement will be made by ASL in this regard as and when appropriate. Pursuant to the Sale and Purchase Agreement, subject to Completion having taken place, ASL shall declare the Special Dividend within two business days from the Completion Date.