Summary by Moomoo AI
LONGHU GROUP HOLDINGS LIMITED (STOCK CODE: 960) ANNOUNCED THAT IT WILL OFFER A DIVIDEND PLAN FOR THE 2023 INTERIM DIVIDEND. The scheme allows eligible shareholders to choose to receive dividends in cash or new shares, or a combination of both. The interim dividend is RMB 0.32 per share and the market value of the new shares available to shareholders will be determined on 19 January 2024 and announced on the same day. Share transfer registration has been suspended from 3 to 4 January 2024 in order to identify shareholders entitled to dividends. New shares are expected to start trading on the exchange on February 9, 2024. Shareholders who elect on a dividend basis are required to submit the option form by 4:30 p.m. on January 26, 2024. Overseas shareholders should ensure compliance with local laws and Hong Kong investors may participate in the scheme through Chinese settlement. The plan will give shareholders the opportunity to increase their investment in the company while saving transaction costs.
