[ET Net News Agency, 20 July 2018] China South City Holdings (01668) said has been
informed by its Chairman Cheng Chung Hing, and THL H Limited, a wholly-owned subsidiary of
Tencent Holdings (00700) that both Cheng and Tencent will elect to receive the final
dividend in the form of new shares.
Cheng and Tencent are interested in 27.86% and 11.55% of the total issued share capital
of China South City.
Based on their shareholding of China South City, 74.4 million and 30.84 million new
ahares will be issued to Cheng and Tencent respectively pursuant to the scrip dividend
scheme. (KL)