159 views
Photo from Shutterstock

Winking Studios plans dividend policy tied to AIM listing by December

It intends to distribute 5% to 15% of its annual profits.

Winking Studios will implement a dividend policy in conjunction with its proposed dual listing on the London Stock Exchange’s alternative investment sub-market.

In a bourse filing, the company said it intends to distribute 5% to 15% of its annual profits.

The company stated that the Board will decide on the amount and payment of future dividends, which will comply with applicable laws, including the Cayman Islands Companies Act and the Company’s governing documents.

The dividend policy will take effect only after AIM Admission, expected by 31 December.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.