CH OVS G OCEANS (00081) to Confiscate Unclaimed Dividend Payments
Stock News
Yesterday
CH OVS G OCEANS (00081) has released a corporate update, stating that under the provisions of its Articles of Association, the board is authorized to forfeit any dividends that remain unclaimed for a period of six years from the declaration date, with such amounts reverting to the company's ownership.
The board is notifying shareholders that specific dividends not yet collected by September 7, 2026, will be subject to confiscation and transferred to the company. These include the final dividend for 2019, which was distributed on September 24, 2020, at a rate of HK$0.195 per share, along with the interim dividend for 2020, paid on August 17, 2020, at a rate of HK$0.07 per share.
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