Xinyi Energy Holdings Limited has issued an updated announcement confirming a final ordinary dividend of HKD0.036 per share for the financial year ended 31 December 2025. Shareholders approved the distribution on 29 May 2026, with the cash option designated as the default form of payment.
Investors may elect to receive newly issued scrip shares instead of cash. The conversion price is fixed at HKD1.12 per share, and partial elections are permitted; any fractional entitlements will be rounded down to the nearest whole share. The deadline for submitting scrip election forms to the Hong Kong share registrar, Computershare Hong Kong Investor Services Limited, is 14 July 2026 at 16:30.
Key timeline details include an ex-dividend date of 2 June 2026, a record date of 8 June 2026, and a book-closure period from 4 June to 8 June 2026. Share certificates for elected scrip dividends are scheduled for despatch on 29 July 2026, with trading expected to commence on 30 July 2026. Cash dividends and scrip shares will both be distributed on 29 July 2026, with no withholding tax applicable according to the announcement.
The board currently comprises four executive directors—Mr. Lee Shing Put, Tan Sri Datuk Tung Ching Sai, Mr. Tung Fong Ngai and Mr. Lee Yau Ching—alongside three independent non-executive directors: Mr. Leung Ting Yuk, The Hon. Ip Kwok Him and Ms. Lyu Fang.
Comments