Kuchai Development Berhad announced that the Board had on 5 October 2023 recommended the following proposed dividend for the financial year ended 30 June 2023 for shareholders' approval at the forthcoming 55th Annual General Meeting ("55th AGM") of the Company. The said dividends, subject to shareholders approval at the forthcoming 55th AGM, will be made payable on 2 January 2024 to shareholders whose name appears on the Record of Depositors at the close of business on 18 December 2023:Proposed Single Tier Bonus Dividend of 1.5 sen per ordinary share.