Summary by Futu AI
Xinyi Glass Holdings Limited announced that the interim dividend for the six months ended June 30, 2024, is HKD $0.31 per share and provides eligible shareholders the option to choose between cash or stock payment. The market cap is calculated as 95% of the average closing price of the five trading days from August 13 to 19, and is determined to be HKD $6.64. If all eligible shareholders choose stock payment, approximately 197,254,012 new shares will be issued, accounting for 4.46% of the expanded issue shares. The company will apply for the listing of stock dividends on the Stock Exchange of Hong Kong, and send a letter and selection form to shareholders on September 11, 2024. Shareholders must submit the selection form before September 27, 2024, to participate in the plan.