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HKEX Forfeits Unclaimed 2018 Dividends

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HKEX Forfeits Unclaimed 2018 Dividends

The latest announcement is out from Hong Kong Exchanges & Clearing ( (HK:0388) ).

HKEX announced the forfeiture of unclaimed second interim dividends for 2018, amounting to HK$15,493,077.70, which will revert to the company. This move underscores HKEX’s adherence to its Articles of Association and may impact stakeholders who failed to claim their dividends within the stipulated timeframe.

More about Hong Kong Exchanges & Clearing

Hong Kong Exchanges and Clearing Limited (HKEX) operates in the financial services industry, primarily focusing on the listing and trading of securities. It is regulated by the Securities and Futures Commission and is a key player in the Hong Kong financial market.

YTD Price Performance: 8.86%

Average Trading Volume: 12,641

Technical Sentiment Signal: Sell

Current Market Cap: $50.96B

For a thorough assessment of 0388 stock, go to TipRanks’ Stock Analysis page.

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