China VAST Industrial Urban Development Company Limited proposed to recommend the payment of a final dividend of HKD 0.18 per share in cash to the shareholders of the Company for the year ended 31 December 2020, representing a total payment of approximately HKD 297,223,000. The final dividend is subject To Approve the shareholders at the forthcoming annual general meeting ("AGM") of the Company proposed to be held on 24 June 2021. Upon shareholders' approval to be obtained at the AGM, the annual dividend will be payable on or around 27 October 2021 to the shareholders of the Company whose names appear on the register of members of the Company at the close of business on 12 October 2021.