LHN Limited Declares Final Dividend With Key Dates Announced
LHN Limited has announced a final ordinary dividend of SGD 0.01 per share for the financial year ending 30 September 2024. This announcement, dated 25 November 2024, outlines several critical dates and details that shareholders should be aware of.
Key Dividend Details
The dividend, payable in Hong Kong Dollars, will amount to HKD 0.0578 per share, based on an exchange rate of SGD 1 to HKD 5.78. Shareholders are advised to note the ex-dividend date, which is scheduled for 6 February 2025. The record date is indicated as 11 February 2025; however, for the Hong Kong register, the effective record time is 16:30 on 7 February 2025. This discrepancy is clarified in the announcement to ensure accurate understanding among stakeholders.
Important Dates for Shareholders
- Ex-dividend Date: 6 February 2025
- Latest Time to Lodge Transfer Documents: 7 February 2025 at 16:30
- Book Closure Period: 10 February 2025 to 11 February 2025
- Payment Date: 21 February 2025
Shareholders must ensure that their transfer documents are lodged by 16:30 on 7 February 2025 to be eligible for the dividend. The book closure period will follow, locking in the shareholder registry for final dividend determination.
Share Registrar Information
All relevant registration and transfer inquiries should be directed to Tricor Investor Services Limited, located at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong.
Board of Directors
The board of directors of LHN Limited comprises Mr. Lim Lung Tieng and Ms. Lim Bee Choo as executive directors; and Ms. Ch’ng Li-Ling, Mr. Yong Chee Hiong, and Mr. Chan Ka Leung Gary as independent non-executive directors. Their leadership is expected to continue guiding the company through its financial strategies and shareholder relations.
Potential Impact on Share Price
While the announcement of a dividend is typically positive news for shareholders, the stated ex-dividend and record dates, along with the detailed explanation of the record date discrepancy, could influence trading decisions. Shareholders and potential investors should consider these factors as they may affect share price movements around these key dates.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions.
