Kimly Limited

KIMLY LIMITED
(Incorporated in Singapore)
(Registration No. 201613903R)

NOTICE OF RECORD DATE AND DIVIDEND PAYMENT DATE FOR TAX EXEMPT ONE-TIER FINAL DIVIDEND

NOTICE IS HEREBY GIVEN that the Share Transfer Books and the Register of Members of Kimly Limited (the Company )
will be closed at 5.00 p.m. on 3 February 2021 for the purpose of determining shareholders entitlement to the tax exempt
one-tier final dividend of SGD0.0084 per ordinary share for the financial year ended 30 September 2020 (" Final Dividend" ).

Shareholders (being Depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with
shares of the Company ("Shares" ) as at 5.00 p.m. on 3 February 2021 will be entitled to the Final Dividend.

Duly completed registrable transfers in respect of the Shares received up to 5.00 p.m. on 3 February 2021 by the Company' s
Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., at 50 Raffles Place #32-01 Singapore Land Tower,
Singapore 048623 will also be registered to determine shareholders entitlements to the Final Dividend.

The Final Dividend will be paid on or about 11 February 2021.

By Order of the Board Hoon Chi Tern
Company Secretary
26 January 2021

Kimly result should be out 2nd week of May.

Results likely to be good. Expect them to declare some dividend too.

An excellent set of half year results

1. revenue up 14.2% from $107.3 mil to $122.6 mil

2. profit up 106.2% from $10.5 mil to $21.7 mil which is close to last year full year profit of $25.2 mil.

3. dividends up 100% from 0.28 to 0.56.

FYI only. Vested!

Share some figures:

Profits.
Full year (2019/2020) - profit $25.2 millions
Half year (2020/2021) - profit $21.8 millions

Dividends.
1st half (2019/2020) - 0.28 cents
2nd half (2019/2020) - 0.84 cents
Full year (2019/2020) - 1.12 cents

1st half (2020/2021) - 0.56 cents
2nd half (2020/2021) - ???
Full year (2020/2021) - ???
Based on historical dividend payout and company's commitment to distribute 50% or more of its profit
as dividend, my guess is 2nd half dividend will not be less than 1.44 cents, giving a full year dividend
of 2.0 cents. This gives a dividend yield of 5.8% base on price of 34.0 cents.

Cash
Cash at end of March 2021 - $83.6 millions against $75.0 million previous period.

Am vested for low valuation, high yield n growth potential. Dyodd.

RHB Group Research analyst Shekhar Jaiswal has recommended investors accumulate

on Covid-19 beneficiaries in the short term. In a May 17 report, Jaiswal says investors

should rotate back into supermarket operators, industrial REITs, glove manufacturers,

as well as selective healthcare operators and technology players, which he deems as safe plays. To him, Sheng Siong and Kimly should be the key beneficiaries in the term.

RHB Group Research analyst Jarrick Seet has maintained his “buy” call on Kimly with an unchanged target price of 42 cents, representing a 20% upside on the counter’s last closed share price.