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Mexan Limited Announces Major Transactions and Special Dividends

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Mexan Limited Announces Major Transactions and Special Dividends

Mexan ( (HK:0022) ) has shared an update.

Mexan Limited has announced a very substantial disposal and acquisition, along with a connected transaction, which will culminate in a proposed declaration of VSD and VSA special dividends. The company declared a special dividend of HKD 0.06 per share, although the dates for shareholders’ approval and the payment schedule are yet to be announced. This announcement could significantly impact the company’s financial strategy and stakeholder returns.

More about Mexan

YTD Price Performance: -4.29%

Average Trading Volume: 574,752

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$131.7M

See more insights into 0022 stock on TipRanks’ Stock Analysis page.

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