Summary by Moomoo AI
Longfor Group updated its announcement on July 24, 2024, announcing the final dividend for the year ending on December 31, 2023. The company will distribute a dividend of 0.23 RMB per share of common stock, approved by shareholders on June 18, 2024. The default option for the dividend is cash, but shareholders can also choose to receive shares instead. The dividend shares will be sent out on August 22, 2024 and trading will begin the next day. Fractional shares will not be distributed and their benefits will be retained by the company. The dividend distribution date is set for August 22, 2024, and the deadline for exercising the choice is 4:30 pm on August 12, 2024. In addition, share transfer registration will be suspended from July 16 to 17, 2024. Board of directors members include executive directors Chen Xuping, Zhao Yi, Zhang Xuzhong, and Shen Ying, non-executive director Xia Yunpeng, as well as independent non-executive directors Frederick Peter Churchouse, Chen Zhian, Xiang Bing, and Liang Xiang.