Recommendation For Declaration Of Single-tier Final Dividend For The Financial Year Ended 31 October 2016

The Board of Directors of CRB ("the Board") is pleased to announce the recommendation for the declaration of a single-tier final dividend of 5.2 sen per ordinary share for the financial year ended 31 October 2016, which is subject to the approval of the shareholders of CRB at the forthcoming Twelfth Annual General Meeting ("AGM"). The date of entitlement and date of payment in respect of the aforesaid proposed dividend have been scheduled to be on 23 May 2017 and 22 June 2017 respectively.

The Board had resolved to propose the renewal of the authority for the shareholders to be given an option to elect to reinvest the whole or part of the dividend into new ordinary shares of CRB in accordance with the Dividend Reinvestment Scheme which was approved by the shareholders at the Company's Tenth AGM held on 21 April 2015.

This announcement is dated 13 February 2017.

Announcement Info