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Kantone Holdings Ltd Proposes Final Dividend


Friday, 27 Sep 2013 10:52am EDT 

Kantone Holdings Ltd announced that subject to the approval of shareholders at the forthcoming annual general meeting of the Company on November 28, 2013, the Board has proposed a final dividend of HK0.1 cents per share for the year ended June 30, 2013 (2012: HK0.2 cents per share) to shareholders whose names appear on the register of members of the Company on December 5, 2013. Taking into account the interim dividend of HK0.2 cents (2012: HK0.2 cents) per share paid on May 16, 2013, total dividend per share for the year would be HK0.3 cents (2012: HK0.4 cents); and total dividend for the year would be HKD23 million, compared with HKD30 million of last year. The final dividend will be satisfied by allotment of new shares of the Company, credited as fully paid, by way of scrip dividend, with an alternative to the shareholders to elect to receive such dividend (or part thereof) in cash in lieu of such allotment (the Scrip Dividend Scheme). It is expected that certificates for shares to be issued under the Scrip Dividend Scheme and dividend warrants will be despatched to those entitled thereto on or before January 27, 2014. 

Company Quote

0.74
-0.04 -5.13%
31 Jul 2015