Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

SUNWAH KINGSWAY CAPITAL HOLDINGS LIMITED

新華滙富金融控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 00188)

CLARIFICATION ANNOUNCEMENT

IN RELATION TO

THE ANNUAL RESULTS FOR THE YEAR ENDED 30 JUNE 2020 AND

CHANGE OF BOOK CLOSURE PERIOD

Reference is made to the annual results announcement of Sunwah Kingsway Capital Holdings Limited (the "Company") for the year ended 30 June 2020 (the "Annual Results Announcement") and the announcement of the Company in relation to, among others, the proposed share consolidation (the "Share Consolidation") and the proposed change in board lot size (the "Share Consolidation Announcement"), which were both published on 18 September 2020. Capitalised terms used herein shall have the same meanings as defined in the Annual Results Announcement and the Share Consolidation Announcement, respectively unless the context requires otherwise.

FURTHER INFORMATION ON THE FINAL DIVIDEND

Further to the information disclosed in the Annual Results Announcement, the board of Directors of the Company (the "Board") would like to provide further information on the proposed final dividend, to the Shareholders and the public.

Shareholders should note that assuming the Share Consolidation becomes effective, further details of which are set out in the Share Consolidation Announcement, for ten (10) Existing Shares being consolidated into one (1) Consolidated Share, the number of shares in issue of the Company will become 712,761,496 Consolidated Shares. Accordingly, conditional upon the satisfaction of the conditions as set out in the Share Consolidation Announcement, based on the 712,761,496 Consolidated Shares in issue of the Company, the final dividend for the year ended 30 June 2020 will become 1 HK cent per Consolidated Share and the amount of final dividend of approximately HK$7.128 million will remain unchanged upon the Share Consolidation becoming effective.

1

The effect of the Share Consolidation for the proposed final dividend is summarized below:

Immediately before the

Immediately following the

Share Consolidation

Share Consolidation

becoming effective

becoming effective

The amount of the proposed

0.1 HK cent per Existing Share

1 HK cent per Consolidated

final dividend per Share

Share

Number of issued shares

7,127,614,962 Existing Shares

712,761,496 Consolidated

Shares

The amount of the proposed

HK$7,127,615

HK$7,127,615

final dividend (rounded

down to the nearest whole

number)

CHANGE OF PERIOD OF CLOSURE OF REGISTER OF MEMBERS FOR FINAL DIVIDEND

The Board announces that the original book closure dates for ascertaining Shareholders' entitlement (subject to Shareholders' approval at the 2020 Annual General Meeting) to the proposed final dividend for the year ended 30 June 2020 as set out in the Annual Results Announcement are revised as follows:

For ascertaining Shareholders' entitlement (subject to Shareholders' approval at the 2020 Annual General Meeting) to the proposed final dividend:

Original

Revised

Latest time to lodge transfers

4:30 p.m. on Friday,

4:30 p.m. on Monday,

in order to be entitled to the

27 November 2020

30 November 2020

proposed final dividend

Closure dates of the Register

Monday, 30 November 2020 to

Tuesday, 1 December 2020 to

of Members (both days

Wednesday, 2 December 2020

Thursday, 3 December 2020

inclusive)

Record date for the purpose of

Wednesday, 2 December 2020

Thursday, 3 December 2020

determining Shareholders'

entitlements to the proposed

final dividend

During the revised periods of the closure of the Register of Members, no share transfers will be registered. For registration, all transfer documents accompanied by the relevant share certificates must

2

be lodged with the Company's Branch Share Registrar, Computershare Hong Kong Investor Services Limited (at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong) before the relevant latest time to lodge the transfers. The final dividend payment date will remain unchanged.

Save for the changes as stated herein above, all other information and contents set out in the Annual Results Announcement remain unchanged.

By Order of the Board

Sunwah Kingsway Capital Holdings Limited

Vincent Wai Shun Lai

Company Secretary

Hong Kong, 22 September 2020

As at the date of this announcement, the directors of the Company are Jonathan Koon Shum Choi as Chairman, Michael Koon Ming Choi as Chief Executive Officer & Executive Director, Janice Wing Kum Kwan and Lee G. Lam as Non-Executive Directors, Robert Tsai To Sze, Elizabeth Law and Huanfei Guan as Independent Non-Executive Directors.

3

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Sunwah Kingsway Capital Holdings Ltd. published this content on 22 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2020 10:39:02 UTC