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Returns On Capital At China Education Group Holdings (HKG:839) Have Hit The Brakes
China Edu Group (00839.HK) has completed the issuance of 95.4785 million dividend shares.
On July 18th, Gelunhui reported that China Edu Group (00839.HK) will issue 95.4785 million dividend shares based on the half-year dividend plan calculated by shares on July 18, 2024, ending on February 29, 2024.
HK stock abnormal fluctuation: China Edu Group (00839) rose more than 4% in the afternoon, indicating a turning point in higher education from multiple perspectives. The company may increase its dividend payout ratio.
China Edu Group (00839) rose more than 4% in the final trading period. As of press time, it increased by 3.84% to HKD 4.33 with a turnover of HKD 24.1078 million.
Investors Continue Waiting On Sidelines For China Education Group Holdings Limited (HKG:839)
China Education Group's Co-Chairmen Retire; Successors Named
China Edu Group (00839.HK): Both Yu Kai and Wang Rui have been appointed as co-chairmen.
China Edu Group (00839.HK) announced that Guo Yi and Xie Ketao will retire from their positions as executive directors, co-chairmen of the board of directors, and chairmen of the nomination committee due to their age and plans to spend more time with their families. Guo has informed the board of directors of his retirement plan, and Xie has informed the board of directors of his retirement plan and will retire as an executive director and co-chairman on June 27, 2024. Current executive director and CEO Yu Kai and current executive director Wang Rui have been appointed co-chairmen of the board of directors, effective June 27, 2024.