Kwung's Holdings Limited announced that at a meeting of the Board held on 21 December 2022, the Board has resolved to recommend the declaration and payment of a special dividend of HKD 7 cents per Share out of the Share Premium Account. Special Dividend will be paid in cash no later than 3 February 2023 to those Shareholders whose names appear on the register of members of the Company at close of business on 30 January 2023, being the record date for determination of entitlement to the Special Dividend.