Investors Relations - Dividend Policy

We currently do not have a formal dividend policy. We may by ordinary resolutions of our Shareholders, declare dividends at a general meeting, but we may not pay dividends in excess of the amount recommended by our Directors. The declaration and payment of dividends will be determined at the sole discretion of our Directors subject to the approval of our Shareholders. There can be no assurance that dividends will be paid in the future or of the amount or timing of any dividends that will be paid in the future.

We may by ordinary resolutions of our Shareholders, declare dividends at a general meeting, but we may not pay dividends in excess of the amount recommended by our Directors. The declaration and payment of dividends will be determined at the sole discretion of our Directors subject to the approval of our Shareholders. There can be no assurance that dividends will be paid in the future or of the amount or timing of any dividends that will be paid in the future.

Our Directors may also declare an interim dividend without the approval of our Shareholders. In making their recommendations, our Directors will consider, inter alia, our retained earnings and expected future earnings, operations, cash flows, capital requirements and general financing condition, as well as general business conditions and other factors which our Directors may deem appropriate. Future dividends will be paid by us as and when approved by our Shareholders (if necessary) and Directors.