Summary by Moomoo AI
EAST ASIA BANK LIMITED UPDATED ITS ANNOUNCEMENT ON 12 MARCH 2024 AND DECLARED ITS SECOND INTERIM DIVIDEND OF HK$0.18 PER SHARE FOR THE YEAR ENDED 31 DECEMBER 2023. Shareholders may elect to receive the dividend in cash or shares, with some in cash and some in new shares. The dividend is scheduled for April 8, 2024, and the option deadline is 4pm on March 27, 2024. Share transfer registration will be suspended on March 12, 2024 in order to meet the conditions for receiving dividend distributions. The deadline for submission of share transfer documents is 4 pm on March 7, 2024. THIS DIVIDEND DOES NOT INVOLVE DEDUCTION OF INCOME TAX. The Board of Directors of East Asia Bank consists of several executive directors and independent non-executive directors.