Kingston Properties Limited Dividend Declaration and Stock Split

Posted: April 3, 2017 at 5:48 pm

Kingston Properties Limited (KPREIT) has advised that following the meeting of their Board of Directors on March 31, 2017, the decisions below were taken:

(I)               To recommend to the shareholders of KPREIT at the Annual General Meeting scheduled for May 16, 2017, that each of the 500,000,000 ordinary shares in the capital of the Company be subdivided into two (2) ordinary shares each thereby making a total share capital of 1,000,000,000 ordinary shares.

 (II)              A dividend to shareholders on record as at April 18 was declared in the amount of US$0.00124 per unit. The payment date is May 9 and the X-div date is April 12.

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