Proposed a final tax-exempt single-tier dividend of 8% equivalent to 2.0 sen per ordinary share in respect of the financial year ended 31 December 2012

The Board of Directors of GCB wishes to announce that the Directors had on 22 February 2013 proposed a final tax-exempt single-tier dividend of 2.0 sen per ordinary share in respect of the financial year ended 31 December 2012 (“Proposed Dividend”). The Proposed Dividend is subject to the shareholders’ approval at the forthcoming Annual General Meeting and has not been included as a liability in the financial statements. Such dividend, if approved by the Shareholders, will be accounted for in equity as an appropriation of  retained profits for the financial year ending 31 December 2013.

The entitlement date and date of payment in respect of the Proposed Dividend will be determined and announced by GCB in due course.

This announcement is dated 27 February 2013.

 

 

    

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