February 27, 2018 / 8:56 AM / 6 months ago

BRIEF-Huafon Microfibre Shanghai proposes 2017 dividend payment plan

Feb 27(Reuters) - Huafon Microfibre Shanghai Co Ltd

* Says co’s chairman proposed to pay a cash dividend of 0.5 yuan for every 10 shares (before tax) and use additional paid-in capital to distribute 8 new shares for every 10 shares, as the dividend payment plan for 2017

Source text in Chinese: goo.gl/Vox51S

Further company coverage: (Beijing Headline News)

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