Summary by Futu AI
MGM China announced on August 29, 2024 that it will distribute a special dividend of HK$0.353 per share, with a total amount of approximately HK$1.341 billion. As a result, the company will suspend share transfer registration from September 13 to September 17, 2024 to determine the list of shareholders entitled to receive the special dividend. Eligible shareholders will receive the special dividend on or before October 4, 2024. Share transfer forms and related stocks must be delivered to the designated location by 4:30 pm on September 12, 2024. The board of directors of the company stated that the declaration and payment of the special dividend is in line with the overall interests of the company and shareholders, and emphasized that it should not be seen as an indicator of future profitability or dividend levels.