Longfor Announces Market Value for Dividend Shares

Longfor Group Holdings (HK:0960) has released an update.

Longfor Group Holdings Limited has announced the market value of new shares for their 2023 final dividend under the Scrip Dividend Scheme to be HK$9.798, calculated based on the average closing price on the Stock Exchange. Eligible shareholders have the choice to receive this dividend in new shares instead of cash, provided they submit a completed Election Form by August 12, 2024. The new shares will be issued on August 22, 2024, and are expected to be tradable the following day.

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