Sin Heng Heavy Machinery : Notice Of Record And Payment Date For First And Final Dividend

NOTICE OF RECORD AND

PAYMENT DATE FOR FIRST AND FINAL DIVIDEND; AND SPECIAL DIVIDEND

NOTICE IS HEREBY GIVEN that, the Share Transfer Books and Register of Members of Sin Heng Heavy Machinery Limited (the "Company") will be closed at 5.00 p.m. (Singapore time) on 4 May 2023 ("Record Date") for the purpose of determining the entitlements of the Shareholders to the proposed first and final dividend of 1.0 Singapore cents and special dividend of 2.5 Singapore cents per ordinary share tax exempt (one-tier) for financial year ended 31 December 2022 ("Dividends") and preparation of dividend warrants, subject to the approval of Shareholders at the forthcoming annual general meeting of the Company to be held on 28 April 2023 ("2023 AGM").

The proposed first and final dividend, and special dividend shall be payable on or about 12 May 2023, if approved by the Company's Shareholders at the 2023 AGM.

For the avoidance of doubt, in the case where the registered Shareholder is the Central Depository (Pte) Limited ("CDP"), the dividend warrants shall be issued to the CDP and credited to the depositors' securities accounts with the CDP in proportion to the number of shares of the Company standing to the credit of each depositor's securities account with the CDP as at 5.00 p.m. (Singapore time) on the Record Date.

Duly completed registrable transfers received by the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., at 1 Harbourfront Avenue, #14-07, Keppel Bay Tower, Singapore 098632 up to 5.00 p.m. on the Record Date will be registered to determine Shareholders' entitlements to the Dividends.

BY ORDER OF THE BOARD

Tan Ah Lye

Executive Director and Chief Executive Officer

6 April 2023

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