Grand Ming : Declaration and Payment of a Special Interim Dividend and Closure of Register of Members

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GRAND MING GROUP HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1271)

DECLARATION AND PAYMENT OF A SPECIAL INTERIM DIVIDEND

AND

CLOSURE OF REGISTER OF MEMBERS

Reference is made to the announcement of Grand Ming Group Holdings Limited (the ''Company'', together with its subsidiaries, the "Group") dated 4 May 2021 in relation to the notice of meeting of the board of directors (the "Board") of the Company for the proposed declaration and payment of a special interim dividend.

The Board is pleased to announce that at the meeting of the Board held on 14 May 2021, having considered the business, financial and cash flow position of the Group, the Board has resolved to declare a special interim dividend (the "Special Interim Dividend") of HK$0.2 per ordinary share of the Company, amounting to approximately HK$283.9 million in total, to the shareholders of the Company whose names appear on the register of members of the Company on Wednesday, 2 June 2021 (the record date). It is expected that the Special Interim Dividend will be payable in cash on Wednesday, 16 June 2021.

For determining the entitlement of the shareholders of the Company to receive the Special Interim Dividend, the register of members of the Company will be closed from Tuesday, 1 June 2021 to Wednesday, 2 June 2021 (both days inclusive), during which period no transfer of shares of the Company will be registered. In order for a shareholder of the Company to qualify for the Special Interim Dividend, all transfer documents accompanied by the relevant share certificates must be lodged with the Company's branch share registrar in Hong Kong, Tricor Investor Services Limited at Level 54, Hopewell Centre, 183 Queen's Road East, Hong Kong, for registration not later than 4:30 p.m. on Monday, 31 May 2021.

By Order of the Board

Grand Ming Group Holdings Limited

Chan Hung Ming

Chairman and Executive Director

Hong Kong, 14 May 2021

As at the date of this announcement, the Board comprises:

Executive Directors:	Independent Non-Executive Directors:
Mr. Chan Hung Ming	Mr. Tsui Ka Wah
Mr. Lau Chi Wah	Mr. Kan Yau Wo
Mr. Yuen Ying Wai	Mr. Mok Kwai Pui Bill
Mr. Kwan Wing Wo	Mr. Lee Chung Yiu Johnny