Dividends and distributions

Pursuant to the Indirect Investment Asset Management Business Act (IIAMBA) and in accordance with the Articles of Incorporation, MKIF is permitted to declare and pay cash or stock distributions to its shareholders in the form of dividends and/or over-distributions of profits.

MKIF intends to declare and make distributions to its shareholders on a semi-annual basis, subject to the MKIF Board of Directors approval. As an investment company under IIAMBA, MKIF is entitled to deduct from its taxable income the amount of dividends/distributions declared in respect of a financial year, provided that the amount of such dividend/distribution is equal to 90% or more of MKIF's distributable income for such year. MKIF intends to declare and distribute 100% of its distributable income earned in each financial year.

The table below shows the history of distributions paid by MKIF to its shareholders since its establishment in December 2002.