Corporate ActionJul 13, 2026, 04:37 PM
Plastec Technologies Announces $0.39 Final Dividend, Deregistration, Liquidation
AI Summary
Plastec Technologies, Ltd. announced its Board of Directors approved a final cash dividend of US$0.39 per ordinary share, payable around August 3, 2026, to shareholders of record on July 27, 2026. Following this, the company intends to file Form 15 with the SEC to deregister its ordinary shares, leading to their delisting from the OTCID Market. The company will then proceed with liquidation and dissolution in accordance with Cayman Islands law, aiming to minimize administration expenses and return remaining capital to shareholders.
Key Highlights
- Board approved a final cash dividend of US$0.39 per ordinary share.
- Dividend payable on or about August 3, 2026.
- Record date for the dividend is July 27, 2026.
- Company intends to file Form 15 for deregistration of ordinary shares.
- Shares will no longer be quoted on the OTCID Market.
- Company plans for liquidation and dissolution under Cayman Islands law.
- Goal is to minimize administration expenses and return remaining capital.
Price Impact