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Guangdong Investment ( (HK:0270) ) just unveiled an update.
Guangdong Investment Limited has announced a special dividend in the form of a distribution of GDL shares to its qualifying shareholders. The company has dispatched share certificates to the respective shareholders, with arrangements made for non-qualifying shareholders to receive cash in lieu of shares. The financial results of GDL will no longer be consolidated with Guangdong Investment, as GDL is no longer a subsidiary, and the company plans to sell its remaining shares in GDL.
More about Guangdong Investment
YTD Price Performance: -4.55%
Average Trading Volume: 3,467
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.81B
See more insights into 0270 stock on TipRanks’ Stock Analysis page.
