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Gemdale Properties & Investment ( (HK:0535) ) has issued an announcement.
Gemdale Properties and Investment Corporation Limited has announced that, under its Bye-laws, any dividend remaining unclaimed for six years from the declaration date will be forfeited and revert to the company. This rule applies to the 2019 final dividend of HK$0.0781 per share, which was payable on 26 June 2020 and will be forfeited if still unclaimed on 26 June 2026.
The company is urging shareholders who are entitled to but have not yet received or cashed their 2019 final dividend warrants to contact the Hong Kong branch share registrar as soon as possible. The move highlights the importance for investors of promptly claiming entitlements to avoid losing dividend income, and it will result in any unclaimed funds being retained by the company after the deadline.
More about Gemdale Properties & Investment
Gemdale Properties and Investment Corporation Limited is a Bermuda-incorporated company listed in Hong Kong, operating in the property investment and development sector. The group focuses on commercial property and related real estate assets, serving investors and stakeholders in the Hong Kong and mainland China markets through listed-share ownership.
Average Trading Volume: 5,287,460
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.94B
Learn more about 0535 stock on TipRanks’ Stock Analysis page.