Ho Bee Land Limited proposed payment of a first and final one-tier tax exempt dividend of 3 cents per share for the financial year ended 31 December 2023 ("Dividend") at the Annual General Meeting to be held on 26 April 2024, the Register of Members and the Share Transfer Books of the Company will be closed at 5.00 p.m. on 15 May 2024 for the purpose of determining shareholders' entitlements to the Dividend. The Dividend, if approved by shareholders of the Company, will be paid on 24 May 2024.