The Board of Directors of Chip Eng Seng Corporation Ltd. refers to the following:- the full-year financial statement and dividend announcement released by the company on 14 February 2020, which stated that a first and final cash dividend of 4.0 Singapore cents per ordinary share in the company for the financial year ended 31 December 2019 would be tabled for shareholders' approval at the annual general meeting of the company to be held on 22 April 2020. The Proposed Dividend, if approved at the company's AGM to be held on 29 May 2020, is expected to be paid on or around 16 July 2020.