Key Highlights:

• The Company’s Board has recommended a final tax exempt one-tier dividend of 5.44 Singapore cents per ordinary share for the financial year ended 31 December 2024.
• The dividend, if approved at the Annual General Meeting scheduled for 28 April 2025, will be paid on 15 May 2025.
• The register for shareholders to receive dividend warrants will be closed on 6 May 2025, with the cut‐off time set at 5.00 p.m. on 5 May 2025.
• Shareholders holding securities via The Central Depository (Pte) Limited must have their accounts credited as at 5.00 p.m. on 5 May 2025 to be eligible.

Details and Implications for Shareholders:

The Board’s recommendation for a final dividend stands as a significant announcement for Bumitama Agri Ltd, indicating stable financial performance as evidenced by the financial year ended 31 December 2024. The dividend of 5.44 Singapore cents per ordinary share is notably tax exempt and follows the one-tier dividend system, enhancing the attractiveness of returns for shareholders.

Shareholders should note that the proposed dividend payment is contingent upon approval at the Annual General Meeting on 28 April 2025. Once approved, the dividend payment will be executed on 15 May 2025. Those with their names entered in the Register of Members and Register of Transfers by the cut-off time (5.00 p.m. on 5 May 2025) will be eligible. Moreover, shareholders holding their securities through The Central Depository (Pte) Limited must ensure that their accounts are credited with the shares by the specified deadline.

These dates and procedural details are crucial as they can directly influence the liquidity and market sentiment surrounding the stock, potentially affecting the share price. Investors and market watchers should be alert to the possibility of price moves driven by the dividend approval and the execution timeline.

Market Impact:

With dividend disbursements often seen as a sign of robust performance, this proposed dividend could act as a catalyst for positive revaluation of the stock. The fiscal discipline implied by the dividend announcement, combined with the clear timelines, may enhance investor confidence and potentially drive the share price upward in anticipation of the dividend payment in May 2025. Active monitoring of the AGM outcome on 28 April 2025 is recommended.