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GCL TECH Distributes 37% GCL NEWENERGY Stake In Specie
Recommend 74 Positive 147 Negative 89 |
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GCL TECH (03800.HK) announced to declare a special interim dividend by way of a distribution in specie of 8.639 billion shares (DIS Shares) of GCL NEWENERGY (00451.HK). This will involve a distribution of the DIS Shares on the basis of 318 DIS Shares for every 1,000 Shares held. Following completion, GCL TECH will hold the remaining 7.44% of equity interests in GCL NEWENERGY, down from 44.44% previously. AAStocks Financial News |
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