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SGX-ST Release
Macquarie International Infrastructure Fund Limited (MIIF)DIVIDEND GUIDANCE
Singapore, 25 September 2013 - Further to the Special General Meeting of Macquarie
International Infrastructure Fund Limited ("MIIF" or the "Company") held on 24 September
2013, MIIF is confirming a revised final dividend guidance of 0.8 Singapore cents per ordinary share ("cps") for the six months ending 31 December 2013 (the "Final Dividend"), subject to any material changes in forecast assumptions.
MIIF notes that:
• Its ordinary dividend is based on the income that MIIF receives from its businesses which is generated from the normal operations of these businesses
• MIIF typically receives income from: (i) Hua Nan Expressway ("HNE") in and (ii) Changshu Xinghua Port ("CXP") in the second half of the year
• Given the successful divestment of CXP, MIIF will not receive any income from CXP
• As a result, the Final Dividend guidance of 0.8 cps is based on the income that MIIF
will receive from HNE in the second half of 2013
• The income which MIIF will receive from HNE in 2013 relates to HNE's financial performance in 2012. As a result, the adverse impact of the tolling revisions enforced on HNE in June 2012 will only be partially reflected in the income that MIIF will receive from HNE in 2013. The full year impact of the tolling revisions on MIIF's income from HNE will only be reflected from 2014 onwards
• This dividend guidance is subject to any material changes in forecast assumptions and may be revised.
For further information, please contact:
Wei Cheong | Fiona McDonald | ||
Investor Relations, Singapore | Corporate Communications, Hong Kong | ||
Tel: | (65) 6601 0766 | Tel: | (852) 3922 3591 |
Email: | wei.cheong@macquarie.com | Email: | fiona.mcdonald@macquarie.com |
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