Summary by Futu AI
Longfor Group updated its announcement on July 24, 2024, announcing the year-end dividend of the fiscal year ending December 31, 2023. The company will distribute a dividend of RMB 0.23 per share of common stock, approved by the shareholders on June 18, 2024. The default option for dividend is cash, but shareholders can also choose to receive fractional shares instead. The fractional shares will be mailed on August 22, 2024, and trading will begin the next day. The dividend will be paid on August 22, 2024, and the deadline for exercising the option 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 includes executive directors Chen Xuping, Zhao Yi, Zhang Xuzhong, and Shen Ying, non-executive director Xia Yunpeng, and independent non-executive directors Frederick Peter Churchouse, Chen Zhi'an, Xiang Bing, and Liang Xiang.