Guangdong Investment (HK:0270) has released an update.
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Guangdong Investment has proposed a special dividend for its shareholders by distributing 73.72% of its stake in Guangdong Land Holdings through GDL shares. Shareholders will receive 0.193 GDL shares for each GDI share they own, subject to approval at an upcoming extraordinary general meeting. This move could potentially impact the stock performance and attract interest from investors in the financial markets.
For further insights into HK:0270 stock, check out TipRanks’ Stock Analysis page.