Title: China Sunsine Chemical Holdings Ltd. Announces Attractive Dividends for Shareholders
China Sunsine Chemical Holdings Ltd. (the “Company”), a leading specialty chemical manufacturer, has announced the details of its proposed final dividends for the financial year ended 31 December 2024. The key points are as follows:
Proposed Final Dividend:
The Company is proposing a final (one-tier tax exempt) dividend of 2.0 Singapore cents per ordinary share.
Additionally, the Company is proposing a final (one-tier tax exempt) special dividend of 1.0 Singapore cent per ordinary share.
Record Date and Payment Date:
The Share Transfer Books and Register of Members of the Company will be closed at 5.00 p.m. on 8 May 2025 for the purpose of determining shareholders’ entitlements to the Proposed Final Dividend.
The Proposed Final Dividend, if approved by shareholders at the Annual General Meeting to be held on 29 April 2025, will be paid on 22 May 2025.
Potential Impact on Share Price:
The announcement of the Proposed Final Dividend, including the special dividend, is likely to be well-received by investors and may have a positive impact on the Company’s share price.
Shareholders who hold the Company’s shares as of the Record Date will be entitled to receive the Proposed Final Dividend, which could be an attractive return on their investment.
This news is potentially significant for investors, as it demonstrates the Company’s strong financial performance and its commitment to rewarding shareholders. The proposed dividends, if approved, could be an attractive income stream for investors and may positively influence the Company’s share price.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions. The information provided in this article is believed to be accurate at the time of writing, but the author cannot guarantee its accuracy or completeness. The author and the publication shall not be liable for any actions taken based on the information provided.
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