C.banner International Holdings Ltd. (HK:1028) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
C.banner International Holdings Ltd. has announced a special general meeting to be held on June 27, 2024, in Hong Kong, where shareholders will vote on a resolution to reduce the company’s share premium account to zero and transfer the balance to the contributed surplus account. This restructuring aims to facilitate the payment of a special dividend of HK$0.13 per share and allow for the offsetting of accumulated losses and future dividends. Shareholders are entitled to appoint proxies for voting if they cannot attend the meeting in person.
For further insights into HK:1028 stock, check out TipRanks’ Stock Analysis page.