K Wah International Holdings (HK:0173) has released an update.
K. Wah International Holdings Limited has announced the final scrip dividend for the fiscal year ending December 31, 2023, setting the market value of a new share at HK$1.732. Shareholders can opt to receive the final dividend of HK$0.09 per share in new shares instead of cash, with the allotment based on the predefined market value, rounding down to avoid fractional shares. Shareholders must consult their advisers regarding any required consents to receive new shares, and those preferring cash dividends should submit the election form by July 15, 2024.
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