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Huishang Bank Withdraws Proposed Special Dividend

Huishang Bank Withdraws Proposed Special Dividend

Huishang Bank (HK:3698) has released an update.

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Huishang Bank Corporation Limited has announced the withdrawal of a proposed special dividend due to a lack of sufficient shareholder approval at the annual general meeting. The resolution for the dividend, which was declared at RMB 9.02 per 10 shares, did not receive the required majority of votes. Further details are available in the poll results announcement dated 1 July 2024.

For further insights into HK:3698 stock, check out TipRanks’ Stock Analysis page.

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