gd land (00124) and guangdong inv (00270) jointly announced that the board of directors of guangdong inv proposed to pay special dividends in the form of a physical distribution...
According to Zhito Finance APP, gd land (00124) and guangdong inv (00270) jointly announced that the board of directors of guangdong inv proposed to pay special dividends through a physical distribution, whereby guangdong inv shareholders listed in the shareholder register on the record date will proportionally distribute 0.193 shares of gd land for each share of guangdong inv held, based on the 1,261,799,537 shares of gd land directly held by guangdong inv (equivalent to approximately 73.72% of gd land's issued share capital as of the date of this announcement) (fractional allocations will be arranged for rounding, with details as follows), subject to the approval of a ordinary resolution at a special general meeting of guangdong inv shareholders.