The board of directors of Choo Chiang Holdings Ltd. announced the adoption of a dividend policy in respect of the next two financial years ending December 31, 2022 and December 31, 2023. The company intends to recommend an annual dividend of a minimum of 50% of the Company's net profit attributable to shareholders of the Company for fiscal year 2022 and fiscal year 2023. The Company currently declares dividend semi-annually and informs its shareholders of the dividend payments via announcements on the SGXNET.