Summary by Moomoo AI
Guangdong Inv Ltd suggests distributing a special dividend in the form of shares, allocating approximately 73.72% of gd land shares to qualifying shareholders based on receiving 0.193 gd land shares for every share held in Guangdong Inv. This action requires approval from shareholders at a special general meeting before it can take effect.After the suggested distribution, gd land will no longer be a subsidiary of Guangdong Inv. Guangdong Inv plans to divest its property development business through this distribution to streamline business activities, concentrate resources on core water resource operations, and unlock company value. At the same time, this move will benefit gd land by allowing it to more effectively leverage the resources and support advantages of Guangdong Holdings, promoting its...Show More