Hong Kong's Henderson Land rises to over 9-month high; co's chairman may step down

Hong Kong and China Gas

21/03/2019 01:58

** Shares in Henderson Land Development Co  0012.HK  rise as
much as 3.8 pct to the highest since Jun 5, 2018 
    ** The property developer says Chairman Lee Shau Kee is
considering stepping down after its annual general meeting in
May, citing "being advanced in age"  urn:newsml:reuters.com:*:nL3N2172N4
    ** Co says its 2018 underlying profit increases 1 pct
    ** It declares total 2018 dividend of HK$1.8/share, vs
HK$1.71/share in 2017. It also proposes a bonus issue of 1 new
share for every 10 shares held to shareholders  urn:newsml:reuters.com:*:nL8N2172LG
    ** Hong Kong and China Gas  0003.HK , the other co from
where Lee is considering to step down, gains as much as 1.8 pct 
    ** Hang Seng Index  .HSI  flat


 ((Reuters Messaging: clare.jim.thomsonreuters.com@reuters.net))