China Resources Land Sets HK$0.231 Interim Dividend, Offers RMB Election at Fixed FX Rate

Bulletin Express09-21 16:45

China Resources Land Limited has declared an interim cash dividend of HK$0.231 per share for the six months ended 30 June 2026, according to a 28 August 2026 announcement. Registered shareholders as of 14 September 2026 are eligible for the distribution.

Shareholders may choose to receive the 2026 interim dividend—and, if desired, all future cash dividends—in Renminbi (RMB) instead of Hong Kong dollars (HKD). The company has fixed the exchange rate at RMB1.00 = HK$1.1557, translating the interim dividend into RMB0.20 per share for those opting for RMB.

Election mechanics are as follows: • Default currency: HKD. No action is necessary for shareholders who wish to continue receiving dividends in HKD. • Full RMB option (Part A): Shareholders may elect to receive the 2026 interim dividend, or the 2026 interim dividend plus all future cash dividends, entirely in RMB. A permanent RMB election will eliminate the need for future currency-election forms and can be revoked by written notice. • Partial RMB option (Part B): Shareholders may designate a specific number of shares to receive the 2026 interim dividend in RMB, with the balance paid in HKD. This partial election applies only to the 2026 interim dividend.

Completed election forms must reach the company’s Hong Kong Branch Share Registrar, Tricor Investor Services Limited (17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong), by 4:30 p.m. on Thursday, 8 October 2026. The deadline will be automatically extended if Typhoon Signal No. 8 or above, a Black Rainstorm Warning, or government-announced “extreme conditions” are in force during the specified period.

Shareholders opting for RMB should ensure they hold appropriate bank accounts capable of clearing RMB cheques, noting that RMB cheque clearing outside Hong Kong may incur delays or additional charges. All joint holders must sign the election form; corporate shareholders must execute the form under seal or by authorised signatory. Compliance with duly completed instructions will discharge China Resources Land from further liability regarding dividend payment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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