April 21, 2017 / 2:43 AM / 4 months ago

BRIEF-Suzhou New Sea Union Telecom Technology updates on FY 2016 dividend payment

April 21(Reuters) - Suzhou New Sea Union Telecom Technology Co Ltd :

* Says controlling shareholder proposed to pay a cash dividend of 0.6 yuan for every 10 shares, distribute 5 new share for every 10 shares as stock dividends, and use additional paid-in capital to distribute 5 new shares for every 10 shares, as the dividend payment plan for FY 2016

Source text in Chinese: goo.gl/X2dQUg

Further company coverage: (Beijing Headline News)

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