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BRIEF-Kaiser (China) Culture revises div payment proposal for FY 2016
April 14, 2017 / 9:00 AM / 8 months ago

BRIEF-Kaiser (China) Culture revises div payment proposal for FY 2016

April 14 (Reuters) - Kaiser (China) Culture Co Ltd :

* Says its actual controller div payment proposal for FY 2016

* In new plan, co’s actual controller proposed to pay a cash dividend of 0.5 yuan (pre-tax) per 10 shares and use additional paid-in capital to distribute 6 new shares for every 10 shares, to shareholders for FY 2016

* In the previous plan, co’s actual controller proposed to pay a cash dividend of 0.5 yuan (pre-tax) per 10 shares and use additional paid-in capital to distribute 20 new shares for every 10 shares

Source text in Chinese: goo.gl/GaK8nq

Further company coverage: (Beijing Headline News)

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