Shanghai Pharmaceuticals Holding Co (HK:2607) has released an update.
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Shanghai Pharmaceuticals Holding Co., Ltd. has announced that shareholders will receive an interim cash dividend of RMB0.80 for every ten shares held, with payments to be made on October 25, 2024. The dividends for H Shareholders will be paid in Hong Kong dollars, using the exchange rate of RMB0.915802 = HK$1.00, resulting in HK$0.087355 per H Share after tax. Non-resident individual and enterprise shareholders will be subject to PRC individual income tax and enterprise income tax, respectively, at a rate of 10%, with potential refunds applicable under certain tax agreements.
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