Far East Horizon Limited (HK:3360) has released an update.
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Far East Horizon Limited has successfully completed its Distribution in Specie, declaring a special dividend by distributing over 799 million HCD Shares to shareholders, based on their holdings as of June 14, 2024. Following the distribution, the company maintains a 41.69% direct ownership in HCD, ensuring its subsidiary status and inclusion in the company’s consolidated financial statements. Additionally, a matching service for the sale and purchase of odd lots of HCD Shares has been provided to qualifying shareholders at no extra cost.
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