Shang Properties Declares Cash Dividends

Mandaluyong—(PHStocks)—The board of directors of Shang Properties Inc. (PSE: SHNG) has approved the declaration of PhP0.095 per share cash dividend to all shareholders of record as of 21 March 2016 to be taken from the unrestricted retained earnings as reflected in the company’s audited financial statements as of 31 December 2015. The cash dividends will be paid not later than 8 April 2016.