C&D International Investment Group Announces Scrip Dividend Scheme for 2025 Final Dividend
Key Points for Investors
- Scrip Dividend Scheme Introduced: C&D International Investment Group Limited (Stock Code: 1908) has launched a scrip dividend scheme in relation to the final dividend for the year ended 31 December 2025.
- Important Election Deadline: Shareholders must submit their election forms to the Hong Kong branch share registrar, Tricor Investor Services Limited, by 4:30 p.m. on 30 June 2026 if they wish to receive new shares instead of cash.
- Non-Transferability: The right to opt for new shares instead of all or part of the cash dividend is strictly non-transferable and only available to the shareholder(s) named on the election form.
- Eligibility: Only “Qualifying Shareholders” as defined in the company’s circular dated 11 June 2026 are eligible to participate. Non-qualifying shareholders should not submit the election form.
- Options for Dividend Payment:
- If shareholders wish to receive the dividend fully in cash, no action is required.
- To receive the dividend fully in new shares, shareholders must sign, date, and return the election form.
- To receive the dividend partly in cash and partly in new shares, shareholders must specify the number of shares for which they want the dividend in new shares on the form, sign, date, and return it.
- Default Action: If the election form is not submitted or is incorrectly completed by the deadline, the dividend will be paid entirely in cash.
- Record Date: The relevant record date for determining shareholders’ entitlement is 3 June 2026.
- Formality: All joint holders must sign the election form. For corporate shareholders, the form must be signed by a duly authorised officer with their office stated.
- Delivery Risk: Certificates and/or cheques for the final dividend will be sent by ordinary post at the shareholder’s risk to the registered address.
- Final Decision: The company’s decision in any dispute related to the scheme will be final and binding.
Potential Price-Sensitive Information
- Share Dilution and Market Value: The issuance of new shares as part of the scrip dividend scheme may impact the total number of shares outstanding, potentially affecting the share price due to dilution. Investors should monitor announcements related to the final number of new shares being issued.
- Investor Flexibility: The scheme provides shareholders with flexibility to choose between cash and shares, which could influence investor behaviour and the trading volume of the stock around the dividend date.
- Non-Transferability and Eligibility: Restrictions on transferability and eligibility could affect individual shareholder strategies and institutional investor positioning.
- Deadline Sensitivity: The strict deadline for election (4:30 p.m. on 30 June 2026) is crucial for shareholders who wish to participate in the scrip dividend scheme. Failure to act could result in missed opportunities to optimize dividend benefits.
Additional Details
- All instructions and terms are detailed in the company’s circular dated 11 June 2026. Shareholders are strongly advised to read the circular in conjunction with the election form for full understanding.
- No receipt will be issued for election forms submitted, and no special instructions written on the form will be accepted.
- The company will not be liable for any loss arising from the content or reliance on the election form, as stated in the disclaimer by the Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited.
Conclusion
The introduction of a scrip dividend scheme by C&D International Investment Group Limited for its 2025 final dividend offers shareholders a significant choice between cash payout and shares, which can have implications for personal tax planning, investment portfolio composition, and the company’s share capital structure. As the scheme may affect the company’s share price through potential dilution and changes in investor preference, all shareholders are urged to review the details carefully and act within the prescribed timeframe.
Disclaimer: This article is prepared for informational purposes only and does not constitute financial advice or an offer to buy or sell any securities. Investors should consult the company’s official circular and seek professional advice before making any investment decisions. The accuracy of this article relies on the latest available information as of the document’s date; subsequent developments may affect its relevance and accuracy.
建發國際投資集團公佈2025年末期股息之以股代息計劃
投資者重點
- 以股代息計劃推出：建發國際投資集團有限公司（股份代號：1908）宣佈，將於截至2025年12月31日止年度末期股息實行以股代息計劃。
- 重要選擇截止日期：如欲以新股份代替現金收取股息，股東必須於2026年6月30日下午4:30前，將選擇表格交回香港股份過戶登記處卓佳證券登記有限公司。
- 不可轉讓：以新股份代替全部或部分現金股息的權利僅限於表格上所列股東，並不可轉讓。
- 合資格股東：只有於2026年6月11日公司通函定義的「合資格股東」方可參與。非合資格股東不應提交選擇表格。
- 股息派發選項：
- 如欲全數以現金收取末期股息，無需任何行動。
- 如欲全數以新股份收取末期股息，請簽署、填寫及交回選擇表格。
- 如欲部分現金、部分新股份收取，請於表格指定位置填寫所需以新股份收取之股份數目，並簽署、填寫及交回。
- 預設安排：如未於截止時間前遞交正確選擇表格，則全部股息將以現金派發。
- 記錄日期：有關權益之記錄日期為2026年6月3日。
- 簽署要求：聯名股東須全部簽署，法人股東須由授權代表簽署並註明職銜。
- 郵寄風險：股息證書及/或支票將以平郵寄出，風險由股東自負。
- 最終決定權：如有任何爭議，公司決定具最終及約束力。
可能影響股價的重要事項
- 股份攤薄及市值影響：以股代息將增加已發行股份總數，可能導致股份攤薄，影響公司股價。投資者應留意新股發行相關公告。
- 彈性選擇：此計劃為股東提供現金及股份選擇，或影響投資者行為及股價在除息日前後的成交量。
- 資格及不可轉讓：參與限制或影響個人及機構投資者部署。
- 截止日期風險：選擇截止時間嚴格，未及時行動或填錯表格，將失去優化股息安排機會。
其他細節
- 所有詳細規則及條款載於2026年6月11日公司通函，股東應細閱通函及選擇表格。
- 公司不會對遞交表格發出收據，任何特別指示亦不獲接受。
- 香港交易所及聯交所已聲明不承擔本文件內容之責任。
總結
建發國際投資集團2025年末期股息以股代息計劃，為股東提供現金及股份彈性選擇，對稅務規劃、組合配置及公司股本結構均有潛在影響。計劃有機會改變股價表現，所有股東應仔細審閱細節，並於限期內作出選擇。
免責聲明：本文僅供參考，不構成任何投資建議或邀約。投資者應參閱公司通函及徵詢專業意見後作出決定。本文所依據之資料截至文件日期，日後如有變動，請以公司最新資訊為準。
