Summary by Moomoo AI
On June 11, 2024, COSCO Shipping Holdings Co., Ltd. (COSCO SHP SG) announced the implementation of the year-end equity distribution of options on the Shanghai Stock Exchange website. According to the announcement, the company will distribute a cash dividend of 0.23 yuan (including tax) per share, totaling about RMB 3.671 billion based on a total share capital of 15,960,543,349 shares. The record date for shareholders is June 19, 2024, and the ex-dividend date is June 20, 2024, when the cash dividend will be paid. The profit distribution plan has been approved at the annual shareholders' meeting on May 29, 2024. For A-share shareholders, dividends will be paid through the fund clearing system of China Securities Depository and Clearing Corporation Limited Shanghai Branch, while the payment of cash dividends to H-share shareholders will be announced separately on the website of the Hong Kong Stock Exchange. Additionally, the company provided detailed explanations on tax deductions, including differentiated policies for individual income tax and the tax treatment of qualified overseas institutional investors (QFII/RQFII) and Shanghai-Hong Kong Stock Connect shareholders.