The Directors of Sino Hotels (Holdings) Limited have resolved to recommend a final dividend of 5.0 cents per share in respect of the year ended 30th June, 2018 to shareholders whose names appear on the register of members of the company on 1 November, 2018. Together with the interim dividend of 4.5 cents per share, the total dividend for the year ended 30th June, 2018 is 9.5 cents per share. The Directors propose that shareholders be given the option of electing to receive the final dividend in new shares in lieu of cash. The scrip dividend proposal is subject to: (1) the approval of the proposed final dividend at the annual general meeting to be held on 25 October, 2018; and (2) The stock exchange of Hong Kong Limited granting the listing of and permission to deal in the new shares to be issued pursuant to this proposal. A circular containing details of the scrip dividend proposal will be dispatched to shareholders together with the form of election for the scrip dividend on or about 8th November, 2018. It is expected that the final dividend warrants and share certificates will be dispatched to shareholders on or about December 5, 2018.