Directors' Report

  1. Dividends

    During the year, a final dividend of 6% (or 3.0 cents per share) less tax amounting to $16,553,000, in respect of the previous year as proposed in the Directors’ report for that year, was paid to shareholders.

    The Directors propose that a final dividend of 7% (or 3.5 cents per share) less tax, amounting to $19,346,000 on the existing issued share capital, be paid for the current financial year.

  2. Share Issues

    During the year, the Company issued the following shares of $0.50 each, fully paid:

    46,000 shares under the Keppel Land Share Option Scheme, comprising 4,000 shares at $1.58 per share, 26,000 shares at $0.56 per share and 16,000 share at $1.71 per share.

    Shares issued by subsidiary companies during the year were as follows:

  3. Acquisition and Disposal of Shares in Subsidiaries

    Shares in the following subsidiary were acquired / (disposed) during the year:

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