The Directors of Mun Siong Engineering Limited proposed a final tax exempt one-tier cash dividend of 0.04 cents per share (fiscal year 2022: tax exempt one-tier cash dividend of 0.04 cents per share) in respect of the financial year ended 31 December 2023. The proposed dividends will be paid out from its positive retained earnings as the Group suffered a net loss for the year. The proposed dividend is subject to shareholders' approval at the forthcoming Annual General Meeting.