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BRIEF-Loncin Motor proposes FY 2016 div payment
January 10, 2017 / 6:55 AM / 9 months ago

BRIEF-Loncin Motor proposes FY 2016 div payment

Jan 10 (Reuters) - Loncin Motor Co Ltd :

* Says it proposed to pay a cash dividend of 5 yuan (before tax) and to distribute 5 new shares as stock dividend for every 10 shares, as well as to use additional paid-in capital to distribute 10 new shares for every 10 shares to shareholders as FY 2016 dividend

Source text in Chinese: goo.gl/Ju20p8

Further company Coverage:

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