Brief: Morris Holdings Announces Adoption Of New Dividend Policy

Regal Partners Holdings

10/12/2018 12:51

Dec 10 (Reuters) - Morris Holdings Ltd  1575.HK :
    * ADOPTION OF NEW DIVIDEND POLICY
    * MAY DECLARE DIVIDENDS, PROVIDED THAT GROUP RECORDS PROFIT
AFTER
TAX AND THAT DISTRIBUTION DOES NOT AFFECT NORMAL OPERATIONS OF
CO
    * INTENDS TO PAY OUT ANNUAL DIVIDEND PAYMENT WITH A PAYOUT
RATIO
OF NOT LESS THAN 30% OF GROUP'S CONSOLIDATED NET PROFIT AFTER
TAX

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS7GRP3L
Further company coverage:  1575.HK 

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