Huons Global announces in-kind dividend of some new shares issued through merger to ordinary shareholders
Huons Global(084110) announced that it would distribute some of the new shares acquired through the merger to ordinary shareholders as an in-kind dividend in connection with the merger of subsidiaries on 6 month 8. The company said it finalized and disclosed its shareholder-return policy in response to opposition from minority shareholders.
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Huons Global (084110) announced that it would distribute some of the new shares acquired through the merger to ordinary shareholders as an in-kind dividend in connection with the merger of subsidiaries on 6 month 8. The company said it finalized the decision as part of its shareholder-return policy and disclosed it that day. The company explained that there had been opposition from minority shareholders and that it finalized the policy to reflect their concerns.
According to the announcement, the dividend will be paid in kind using some of the new shares acquired through the merger. The company said it presented the measure as a shareholder-return initiative. The specific scope of eligible recipients and the allocation procedures can be confirmed through the disclosure.
The company explained that the announcement and disclosure were measures intended to address dissatisfaction among shareholders arising during the merger process. The company said it would make additional disclosures on the relevant procedures and details. The company announced it on 6 month 8.
Investors should confirm the dividend recipients, schedule, and distribution method through the company’s disclosure and additional materials to be released later. The company stated that this decision finalized its shareholder return policy. The details can be confirmed accurately once they are provided in future disclosures.