HONG KONG, July 18, 2016 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced its board of
directors has declared a cash dividend of $0.10 per share on the company’s common stock. The dividend will be paid on September 15,
2016 to shareholders of record on August 15, 2016.
About Highway Holdings
Highway Holdings produces a wide variety of high-quality products for blue chip original equipment
manufacturers -- from simple parts and components to sub-assemblies and finished products. Highway Holdings’ administrative
offices are located in Hong Kong, and its manufacturing facilities are located in Shenzhen in the People’s Republic of China and in
Yangon in Myanmar.
Except for the historical information contained herein, the matters discussed in this press release are
forward-looking statements which involve risks and uncertainties, including but not limited to economic, competitive,
governmental, political and technological factors affecting the company's revenues, operations, markets, products and prices, and
other factors discussed in the company’s various filings with the Securities and Exchange Commission, including without limitation,
the company’s annual reports on Form 20-F.
CONTACT: Gary S. Maier Maier & Company, Inc. (310) 471-1288
