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Mexan ( (HK:0022) ) has shared an announcement.
Mexan Limited, a company listed on the Hong Kong Stock Exchange, announced the withdrawal of its proposed VSA Special Dividend. The decision follows the failure to pass Ordinary Resolution No. 3 at the Special General Meeting, which was a condition precedent for the VSA Completion. As a result, the VSA will not proceed, and the special dividend of HKD 0.06 per share will not be distributed, impacting shareholders who were anticipating this payout.
More about Mexan
YTD Price Performance: 101.43%
Average Trading Volume: 3,050,914
Technical Sentiment Signal: Sell
Current Market Cap: HK$277.3M
See more insights into 0022 stock on TipRanks’ Stock Analysis page.