The Directors of GP Industries Limited recommended a final tax-exempt (1-tier) dividend of 1.5 Singapore cents (2022: 2.0 Singapore cents) per share amounting to approximately SGD 7.3 million (2022: SGD 9.7 million) for its financial year ended 31 March 2023. The dividend will be paid in cash and the dividend was not included as liabilities as at 31 March 2023.