Reuters logo
4 months ago
CORRECTED-BRIEF-Songz Automobile Air Conditioning to pay annual cash div, to set up unit in HK
April 24, 2017 / 3:19 AM / 4 months ago

CORRECTED-BRIEF-Songz Automobile Air Conditioning to pay annual cash div, to set up unit in HK

(Corrects currency to dollar from yuan in second bullet)

April 24 (Reuters) - Songz Automobile Air Conditioning Co Ltd :

* Says it plans to pay annual cash dividend as 1 yuan (pretax) per 10 shares as FY 2016 div payment

* It will use $8 million to set up a wholly owned investment subsidiary in Hong Kong

Source text in Chinese: goo.gl/j3sOKE

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below