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EVERGRANDE (03333.HK) to Complete Approving 2018 Annual Div Distribution Plan by End-19
EVERGRANDE (03333.HK) announced that in consideration of the major asset reorganization project between its subsidiary Hengda Real Estate and Shenzhen Real Estate is progressing orderly, to ensure the smooth completion of the Reorganisation, the Board resolved to complete the approval of the detailed 2018 annual dividend distribution plan by no later than 31 December 2019.
At the same time, all the shareholders of Hengda Real Estate have unanimously agreed to adjust the annual dividend distribution in July each year as set out in the investment agreement to no later than the end of 2019 for the 2018 annual dividend.
AAStocks Financial News
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