Positive RNS today25 Jun 2014 13:05
JQW plc (AIM:JQW), a domestic Chinese B2B e-commerce operator, announces that at its Annual General Meeting held earlier today in London, all resolutions put to shareholders were duly passed.
Following a positive start to 2014, the Board is confident that the Group is trading ahead of current market expectations for this financial year. The management team remains focused on the implementation of the Group's strategy and remains positive for the continued future growth of JQW. The Group will issue a more detailed interim trading update to the market in early August 2014.
Following approval by shareholders at the AGM of the final dividend of 0.5 pence per share for the financial year ended 31 December 2013, the dividend timetable is set out below:
2 July 2014 Ordinary Shares quoted ex dividend
4 July 2014 Record date for dividend
14 July 2014 Dividend payment date
Cai Yongde, Chairman of JQW, said: "We are extremely pleased with the progress that the Group has made in the current financial year and we are confident that both revenues and profit after tax will be ahead of market expectations.
"JQW joined AIM to enable the Group to further its international ambitions and shortly will make an announcement in relation to the launch of the Group's English language e-commerce platform. The Board of JQW is keen to continue to demonstrate the underlying strengths of the business to the AIM market for many years to come."