TORONTO, Oct. 2 /CNW/ - Kingsway International Holdings Limited
(TSX: KIH), a leading Hong Kong based provider of international financial
services, is announcing the correction of the record date ("Record Date") for
the upcoming dividend payment that was disclosed in the annual information
form for the year ended June 30, 2008 ("AIF").
The Board declared a discretionary dividend payment on September 18, 2008
of C$0.02 per common share outstanding, totaling C$1,604,000, and the dividend
will be paid out on or about November 26, 2008. The AIF incorrectly reported
the Record Date as October 13, 2008. The correct Record Date is October 2,
About Kingsway International Holdings Limited
The Company is listed on the main board of the Toronto Stock Exchange
(TSX) under the symbol KIH. The Group is a leading middle tier financial
services provider, linking the global investment community with PRC's high
growth economy. In addition to engaging in proprietary investment activities,
the Group offers a variety of complementary, client focused services through
its investment banking, brokerage and asset management divisions.
Founded in 1990, the Group operates from offices in Hong Kong, Beijing,
Shanghai, Shenzhen and Toronto.
Forward-Looking (Safe harbour) Statements
This press release contains forward-looking statements that are based on
the beliefs of Management and reflect the Group's current expectations. In
certain cases, forward-looking information can be identified by the use of
words such as "estimate", "project", "belief", "anticipate", "intend",
"expect", "plan", "predict", "may", "should", "will," or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved."
Forward-looking information involves known and unknown risks, uncertainties
and other factors that may cause actual results, performance or achievements
to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking information. There
can be no assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, investors should not place
undue reliance on forward-looking information. Forward-looking information is
provided as of the date of this press release, and the Company assumes no
obligation to update or revise them to reflect new events or circumstances.
For further information:
For further information: Gary Quedado, Kingsway Group, (416) 861-3099
Ext. 238, firstname.lastname@example.org