The Directors of Tsim Sha Tsui Properties Limited have resolved to recommend a final dividend of 41 cents per share in respect of the year ended 30th June, 2019 to shareholders whose names appear on the Register of Members of the Company on 31st October, 2019. Together with the interim dividend of 14 cents per share paid on 24th April, 2019, the total dividend for the full financial year is 55 cents per share. The Directors propose that shareholders be given the option to receive the final dividend in new shares in lieu of cash. The scrip dividend proposal is subject to the approval of the proposed final dividend at the Annual General Meeting to be held on 24th October, 2019. It is expected that the final dividend warrants and share certificates for the scrip dividend will be dispatched to shareholders on or about 4th December, 2019.