China Communications Construction Co (DE:CYY) has released an update.
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China Communications Construction Co has announced its controlling shareholder’s proposal for distributing the 2024 interim dividend and executing its ‘Improving Quality, Increasing Efficiency and Enhancing Returns’ action plan. The proposal aims to boost shareholder value and income, subject to the company’s profitability and approval at the general meeting. Shareholders and investors are cautioned to be prudent when trading the company’s securities due to the inherent uncertainties of the proposal’s approval.
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